Question

In exchange, A receives 15 shares of X common stock.

a) Barter
b) Merger
c) Acquisition
d) Joint venture

Answer 1

The correct answer is a) Barter.

Step-by-step explanation:

The subject of this question falls under the category of Business in High School.

The correct answer to the question is a) Barter. Barter refers to the exchange of goods or services without the use of money, where individuals or entities trade one item for another.

In this case, A is receiving 15 shares of X common stock in exchange for something else, indicating a barter transaction.