Question
For exchange to be possible certain conditions need to take place. Which ONE of the following conditions is required for exchange to take place?
A.
It is important that at least one of the parties is interested in another party’s offer.
B.
All the parties involved are obligated to accept the offer.
C.
Two or more parties must be involved.
D.
The trader needs to make the necessary arrangements to deliver the products or service
A.
It is important that at least one of the parties is interested in another party’s offer.
B.
All the parties involved are obligated to accept the offer.
C.
Two or more parties must be involved.
D.
The trader needs to make the necessary arrangements to deliver the products or service
Answers
GPT-4o mini
The correct answer is:
**C. Two or more parties must be involved.**
For exchange to take place, there must be at least two parties involved, each willing to exchange something of value.
**C. Two or more parties must be involved.**
For exchange to take place, there must be at least two parties involved, each willing to exchange something of value.