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A barter agreement involves the exchange of goods or services without the use of money, often used for ongoing business contracts or one-time arrangements. Bartering is a traditional form of trade that predates modern monetary systems, allowing for the exchange of various items and services. While uncommon, bartering is legal and can be mutually beneficial for both parties involved. It allows individuals to trade unwanted items for needed ones. Examples of when to use a barter agreement include exchanging goods or services between two parties.
