Multiple choice

Which of the following is not considered as an example of business activities?

  1. Purchase of 200 units of CFL bulbs by a small shopkeeper

  2. Providing electricity to a residential area

  3. Sale of a second hand car to a buyer through an online portal

  4. Clearance sale in a departmental store for a loss

  5. Investment in a risky venture by a businessman
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

Business involves dealings in goods or services on a regular basis. One single transaction of sale or purchase, therefore, does not constitute business. Thus, sale of a second hand car to a buyer through an online portal will not be considered as a business activity.

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