Question

Mr Rajnesh sold his furniture & bike on OLX as he was shifting base to London. Is this a business activity? Which element of business is beingreferred to here?

Answer 1

Answer:

No This Activity Will Not Be Referred As A Business Activity.

Explanation:

As The Definition Of Business Activity States -

For Any Activity To Be Called A Business Activity It Needed To Be Occur On A Regular Basis.

For Example – Selling Vegetables On A Regular Basis (Or Any Other Thing)Can Be Called A Business Activity.

Whereas Selling Old Newspaper Cannot Be Said To Be A Business Activity As It's Not Done On A Regular Basis

.

.

HOPE IT HELPS YOU BUDDY ~_~