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Business Basics Quiz

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Questions and Answers

Which of the following activities would NOT be considered a part of 'business' according to the given definition?

Participating in a club for a membership fee

Providing services for a fee

Playing a friendly game of poker with friends (correct)

Manufacturing goods for sale

What does the term 'ancillary' mean in the context of the given definition?

Involving regular and continuous activity

Involving activities or transactions without any pecuniary benefit

Involving activities or transactions related to the primary activity (correct)

Involving a high volume of transactions

Which of the following would NOT be considered a 'business' activity according to the given definition?

Providing services as a freelance writer

Wagering on a sports event

Volunteering at a local charity (correct)

Buying and selling goods for profit

Which of the following would be considered an 'ancillary' activity according to the given definition?

<p>Supplying goods for a fee</p> Signup and view all the answers

Which of the following would NOT be considered a 'business' activity according to the given definition?

<p>Buying and selling goods for personal use</p> Signup and view all the answers

Business Basics Quiz

Choose a study mode

Podcast

Questions and Answers

Which of the following activities would NOT be considered a part of 'business' according to the given definition?

What does the term 'ancillary' mean in the context of the given definition?

Which of the following would NOT be considered a 'business' activity according to the given definition?

Which of the following would be considered an 'ancillary' activity according to the given definition?

Which of the following would NOT be considered a 'business' activity according to the given definition?

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Business Basics Quiz

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Business Basics Quiz

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