Answered: When R promises B that R will deliver…

When R promises B that R will deliver to B P100,000.00 in exchange of B’s 10,000 worth of paintings. What transaction was completed?

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter2: Introduction To Spreadsheet Modeling

Section: Chapter Questions

Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...

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Question

When R promises B that R will deliver to B P100,000.00 in exchange of B’s 10,000 worth of paintings. What transaction was completed?

A. Assignment B. Barter C. Sale D. Donation

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