Question

Yash is a student of class XII Commerce and he is good in

studies. His father gifted him a pen on his birthday. The cost of

pen is Rs. 80. After few days Yash sold his pen to his friend

Sumit for Rs. 100. He was very happy to earn profit of Rs. 20.

After completed his studies he has started a pen manufacturing

company in the name of M/S Yash Pvt. Ltd. Due to good image

of his pen, his sales increased day by day and he is earning huge

profits. Then he has decided to give scholarship to weak girls

child of his school.

(a)Can the transaction between Yash and Sumit be termed as

business transaction? And Why?(b)Can the transaction made by M/S Yash Pvt. Ltd. be termed

as business transaction? Why
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Answer 1

Answer:

a) Nope b)Yes

Explanation:

So A is like friendly, sharing, small profit motive stuff. But B is like there are 2 economic organizations transacting money for a welfare motive and profit too. So yes

Mark it as the brainliest answer...