if Mr C decided to sell of an old cupboard on an selling site would it be considered a business ? State the characteristics of business that is being underlined here
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fibers we get from nature is called natural fibers
ex: cotton, silk, wool, jute
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Mr. C selling an old cupboard on an online selling site does not constitute a business. This is because this selling activity is limited to a single time, whereas business involves dealing with goods and services on a daily basis.
The characteristic of business which is being underlined in this example is dealing with goods and services regularly.
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