. 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?
Answers
Answer:
this is not a business activity
Explanation:
this is not a business activity on mr. rajnesh side because they are not selling on regular basis.
Answer:
The abovementioned case is not at all a business activity. Selling of personal property is regarded as an economic activity and not business activity. Hence, the answer to the abovementioned question is no, the case of Mr. Rajesh selling off his furniture and bike to OLX is not a business activity.
Explanation:
Economic activity is carried out to create revenue, increase wealth, and develop and produce goods that may be sold to the general public. The result of economic action is quantified financially. Business activities come in three different varieties. These are what they are:
- Operating comes first and foremost.
- The second is an investment, and
- the third is financing.
The aforementioned situation, however, might be referred to as an economic activity even though it has nothing to do with any company activities.
Consequently, we can say that the answer to the abovementioned question is no, the case of Mr. Rajesh selling off his furniture and bike to OLX is not a business activity.
To know more about writing a paragraph, click on the link below:
brainly.in/question/15563438
To read more on paragraphs, click on the link below:
brainly.in/question/1270348