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Shyam sells his play station to …

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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 3 years, 4 months ago

    CBSE > Class 11 > Business Studies
    • 3 answers

    Preeti Dabral 3 years, 4 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’.

    1Thank You

    Simran Kaur 3 years, 4 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 .

    2Thank You

    Shivam Tayal 3 years, 4 months ago

    No selling of play station by shyam

    1Thank You

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