MAKING OF A NEW NATION 1776 1800
ALEXANDER HAMILTON
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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you have money to pay.
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you have a lot of stuff.
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you what to get rid of stuff.
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you don’t have money.
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Detailed explanation-1: -Bartering is the exchange of goods and services between two or more parties without the use of money. It is the oldest form of commerce. Individuals and companies barter goods and services between each other based on equivalent estimates of prices and goods.
Detailed explanation-2: -When people barter, everyone benefits because they receive items or services they need or want. Bartering also has an advantage because even people without money can get something they need. Bartering might involve trading a service for an item.
Detailed explanation-3: -Why might a company use barter rather than money to make a trade? Barter can enable two firms to trade when their cash flows are limited. no coincidence of wants exists between any two states.
Detailed explanation-4: -Example Sentences Noun The tribes use a system of barter. The explorers used blankets and other supplies for barter to get food from the native people.
Detailed explanation-5: -Barter exchanges are considered taxable revenue by the IRS and must be reported on a 1099-B form. According to the IRS, “The fair market value of goods and services exchanged must be included in the income of both parties."