the object of non trading concern is(a) social service (b) profit (c) both of these (d) none of these
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We are asked the question given as to what is the object of a non-trading concern
- The main concern of any organization is to earn profit
- In the case of a non-trading concern, this is not correct
- A non-trading concern mostly works for social service
- Let us take the example of a university
- The main object of the university is to provide good quality education to the students and not to earn profit
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