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A barter agreement formalizes the exchange of goods or services between two parties without monetary involvement. This can occur as an ongoing business contract or a one-time trade of equal value commodities. Bartering, an ancient practice that predates currency, remains legal when properly executed. Almost any item or service can be bartered if both parties agree to the terms. Bartering can be advantageous, allowing individuals to trade unwanted items for those they need. The video tutorial will provide essential information on barter agreements and offer a free official template. Examples of situations for utilizing a barter agreement will also be discussed.
