Question

2. Kshitij bought a wooden table for Rs. 10,000. His friend liked the design of table very
much so Kshitij sold the same to his friend for Rs. 11,000 and made a profit of Rs.
1000. After completing his studies Kshitij opened a shop selling wooden furniture,
(a) Can transaction between Kshitij and his friend be termed as business?
(b) State the feature of business related to part'a'.
(c) Can the sale of wooden table on his shop be called as business?
(3)
nchin on any​

Answer 1

Answer:

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