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A person sells his old domestic radio set once at a profit. Is it business?
AYes, because he earned a profit
BYes, because a sale took place
CNo, it is not a regular dealing
DNo, because radios are consumer goods
Answer & Solution
Correct answer: C. No, it is not a regular dealing
A single sale is not regular dealing, so it is not a business activity even if it brings profit.
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