Question

_____________ is the act of obtaining a desired object from someone by offering something in return.

Answer 1

Exchange

Exchange is simply the act of the of giving and receiving between two individuals or two groups. A trade is a typical example of an exchange. For instance, if a farmer gives a fixed number of eggs to another farmer for a fixed quantity of cow’s milk, this is an exchange.  Similarly, if a house guest offers to cook and clean in return for free accommodation, this is an exchange.