Why introduction of money separate act …
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Yogita Ingle 6 years, 5 months ago
Earlier, in barter system, if a person intended to buy a particular commodity, he had to sell another commodity available to him as a price. This is because any common medium of exchange was not present and this led to the exchange of commodities for commodities. Hence, purchase and sale were bound to be made at the same time in case of any transaction.
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