Would it be considered a barter if Sheila, a personal chef, cooked a f

QUESTION

Would it be considered a barter if Sheila, a personal chef, cooked a five-course dinner for friends and, since they were friends, charged them half what she usually charges?

What will be an ideal response?

 

ANSWER

Answer: This would not be considered a barter because Sheila would still be compensated with money, not in exchange for other goods or services.
Explanation: Giving a discount does not make this transaction a barter. A barter is an exchange of goods and/or services for other goods and/or services. In this case, Sheila would still be paid with money.

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