Florida Department of Law Enforcement (FDLE) Practice Exam

Which term refers to the act of transferring or delivering something in exchange for money or something of value?

1. Trade

2. Sale

3. Give

4. Transfer

The correct answer is: Sale

The term that best fits the act of transferring or delivering something in exchange for money or something of value is "sale." A sale specifically involves a transaction where goods or services are provided in return for payment. This aligns with the common understanding of commerce, where the exchange of money signifies that a sale has taken place. While "trade" may imply an exchange, it commonly refers to swapping one item for another without necessarily involving money. "Give" suggests a transfer without any expectation of receiving something in return, which does not meet the criteria of an exchange involving value. Lastly, "transfer" is a broader term that describes the act of moving something from one place to another but does not specifically imply a transaction or exchange involving money. Thus, "sale" is the most precise term for this situation.