Question

Which of the following people is engaged inWhich of the following people is engaged in bartering?
a. Victor, who deposits half of his weekly paycheck in a savings account and spends the other half on food and rent
b. Roz, who spends half of the day taking care of her elderly parents and the other half writing articles for a local newspaper
c. Charlotte, who wonders if she should go to trade school to become certified in auto mechanics or accounting
d. Hanif, who gives his neighbor Carla his freshly grown tomatoes in exchange for her expert lawn care bartering?

Answer 1

D) Hanif is engaged in bartering because with bartering, you trade physical items or deeds without the use of currency. Like in this case, tomatoes for some lawn care.,

Answer 2

Answer:

Option: D. Hanif, who gives his neighbor Carla his freshly grown tomatoes in exchange for her expert lawn care.

Explanation:

Hanif is involved in bartering because he gives freshly grown tomatoes in exchange for her expert lawn care. A barter system is a medium of exchange where goods are changed, without any use of money. In ancient times, before coming of coins, bartering was much-practiced for exchange of goods.