Which of the following is an example of barter?
A)A parent gives a teenager a $10 bill in exchange for her babysitting services.
B)A homeowner gives an exterminator a check for $50 in exchange for extermination services.
C)A barber gives a plumber a haircut in exchange for the plumber fixing the barber's leaky faucet.
D)All of the above are examples of barter.

Question

Quizplus · Accepted Answer

Barter is the exchange of goods or services without the use of currency. In option A, currency (a $10 bill) is used for the exchange, making it not an example of barter. Option B also involves the use of checks, which is a form of currency. Option C, however, is an example of barter as both the barber and the plumber are exchanging services without the use of currency. Option D is incorrect as options A and B are not examples of barter.

Which of the Following Is an Example of Barter