a housewife exchanges old clothes for utensils on regular basis. is it a business activity?
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Answered by
11
Ya I am sure it is a business activity. If we give old tv and buy new tv.
Hope this helps you:)
Hope this helps you:)
Answered by
13
Let me help you in handling this.
From the definition of the term business activity. It is refers to as any activity done in order to exchange goods or service from an individual to the next with an aim of making profit.
From the question the wife exchanges clothes for utensils but we are not told that she makes any profit this may not be considered as a business activity because it has got no aim of making profit.
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