Which of the following does not characterize a business activity?



Q.1 :- Which of the following does not characterize a 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.