Question

Tina produces goods not for the purpose of sale but for personal consumption , will it be a business activity ?Why ?

Answer 1

Answer:

no

Explanation:

because bussiness activity means getting profit from what you did in form of money or something else. It becomes personal use of goods

Answer 2

Answer:

No, it will not be consider as a business activity.

Explanation:

• If an activity is said to be a business activity, it must be used as a selling product or as a exchanging goods.
• But here Tina produces the goods and use for her personal use, not as a purpose of sale.
• If Tina sells those products or exchange for some other goods, then this activity is referred as Business activity.
• But the given activity is not a business activity.