Question

6. A house wife exchanges old clothes for utensils on regular basis. Is it a business activity? Why?

Answer 1

no it's not a business it is bartar system where goods or services are directly exchanged for other goods or services without money used

hope it helps you^!

Answer 2

Explanation:

A house wife exchanges old clothes for utensils on regular basis is a not a business activity for the lady.

The reason being for any transaction to be called as business transaction it should be conducted by any business entity.

Though the nature and size of business doesn’t matter but in this case the lady isn’t a business entity.

Also, the type of goods she is doing is not related with any business however, it is from the waste generated from her house.