I am a 9th class student so please answer accordingly
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HEY HI, I AM ALSO 9TH CLASS!!
HERE IS YOUR ANSWER.
No, business does not involve only sale and exchange of goods and services for profit. The sale, purchase or exchange must be on regular basis. Business should have a continuity in the process. If a person sells his old computer at profit, it does not constitute business.
THIS MAY HELP YOU, AS I DON'T KNOW MORE ABOUT THIS!!
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