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Shyam sells his play station to his friend at a profit of र 2000. Will it be considered as a business? State the feature of business which is being highlighted in the given question.

Posted by Damak Chaudhary 4 years, 5 months ago

CBSE > Class 11 > Business Studies

3 answers

Preeti Dabral 4 years, 5 months ago

No, selling of play station by Shyam is a single time transaction and it is nowhere given that he has the intention to continue this as a business activity so, it will not be considered as a business activity. To be a business activity, dealing with goods must be on a regular and recurring basis. The feature highlighted in the given example is ‘Dealing in goods and services on a Regular Basis’.

Simran Kaur 4 years, 5 months ago

No . Selling of Play station is not a business . As business is done at regular intervals . Without regularity selling is not called as business . The main feature highlighted here is Regularity in dealing .

Shivam Tayal 4 years, 5 months ago

No selling of play station by shyam

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