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A barter agreement documents the exchange of goods or services between two parties without using money. It can be a one-time arrangement or an ongoing business contract for equal commodities. This video reviews essential information on barter agreements and provides a free official template. Bartering is an even exchange that predates monetary systems, allowing two parties to trade goods and services directly. Although less common today, bartering is legal if conducted correctly. Almost any item or service can be bartered if both parties agree to the terms. This method can be advantageous, enabling the exchange of unwanted items for those needed. The video will illustrate examples of when to use a barter agreement.
