Question

Q.
Mohit sells his playstation to his frnd at a profit of rs.2,000. Will it be considered as
as a business? State the feature of the business which is hilighted here.
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Answer 1

YES,IT WILL BE CONSIDERED AS A BUSINESS BECAUSE. The main aim of business is to earn profit ( Profit is a reward of taking risk). But it should be done on regular basis. The process of selling products and services should be on regular basis.Here, the business model which is used is the C2C business pattern.

C2C refers to the business transaction happening between the two customers dealing with second-hand products/goods.

HOPE IT HELPS YOU:)

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Answer 2

Answer:

yes it will be considered as a business it is between 2 person and earn profit