Question:
Jaspreet sold his play station on OLX and got a profit of ₹5000. When he told his friend about his business, his friend informed him that what he did was not business even though he earned profit. Identify the feature that was missing that did not make Jaspreet's transaction into business.
Jaspreet sold his play station on OLX and got a profit of ₹5000. When he told his friend about his business, his friend informed him that what he did was not business even though he earned profit. Identify the feature that was missing that did not make Jaspreet's transaction into business.
Updated On: Apr 17, 2024
- Economic activity
- Sale and exchange of goods/services
- Utility creation
- Regular basis
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The Correct Option is D
Solution and Explanation
The correct option is(D): Regular basis
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