Que:-1 A person selling his domestic furniture at a profit will it be considered as a business?
Explain the characteristic of business which is being stressed upon.
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No, It will not be considered as a business activity because business is not something which is done occasionally instead business is an economic activity which we do on a regular basis. Characteristic: Business is a Regular Activity.
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Answer. No, It will not be considered as a business activity because business is not something which is done occasionally instead business is an economic activity which we do on a regular basis. Characteristic: Business is a Regular Activity.
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