‘A single transaction of sale does not constitute business.’ Which characteristic of business is
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One single transaction of sale or purchase, therefore, does not constitute business. ... Every business invests money (capital) to run its activities with the objective of earning profit. But it is not certain as to what amount of profit will be earned.
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Explanation:
One single transaction of sale or purchase, therefore, does not constitute business. ... Every business invests money (capital) to run its activities with the objective of earning profit. But it is not certain as to what amount of profit will be earned.
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