Question

The sink in your kitchen is backed up, you need to have it cleaned out but you have no snake (tool used to clear the drain line) and you really don’t know how to fix the sink other than using Draino (and Draino didn’t work!). Samuel lives next door and owns a plumbing business. You contact Samuel and ask him if he will come clean out your drain line and in exchange you will make him a delicious roast beef dinner. He agrees to the exchange. What type of system have you used in this transaction?

Answer 1

The transaction between you and Samuel can be categorized as a barter system.

Step-by-step explanation:

The transaction between you and Samuel can be categorized as a barter system. In a barter system, goods or services are exchanged directly without the use of money. In this case, you are offering to make Samuel a delicious roast beef dinner in exchange for him cleaning out your drain line. This type of transaction is common in small communities or between individuals.

Answer 2

Barter System

Barter System Explanation:

Barter System Explanation: You were bartering with Samuel for an exchange that would not involve money.