Question

An exchange of tangible properties that are like each other, e.g., real estate for real estate or personal property for personal property.

a) Barter
b) Like-Kind Exchange
c) Trade Swap
d) Transfer Agreement

Answer 1

Barter is an exchange of tangible properties that are like each other, such as real estate for real estate or personal property for personal property.

Step-by-step explanation:

A barter is an exchange of tangible properties that are like each other, for example, real estate for real estate or personal property for personal property. It is a process where people exchange one form of goods or services for another. This form of exchange has been practiced since ancient times and is still used in some societies today.