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  3. 11th Class
  4. Business Studies
  5. Nature And Purpose Of Business

11th Class Business Studies Nature And Purpose Of Business

  • question_answer 1)
    Which of the following does not characterize business activity? (a) Production of goods and services (b) Presence of risk (c) Sale or exchange of goods and services (d) Salary or wages

    Answer:

    (d) Salary or wages are paid as remuneration to workers who work for others and is not a characteristic of business.


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