Rama bought a readymade dress for rs 5000. her friend liked the design of dress very much, so Rama sold the same dress to her friend for rs 5500 and made a profit of rs500. after completing her studies Rama opened of selling readymade dresses for girls.
(c) can transaction between Rama and her friend be termed as business?
(b) State the features related to 'a'.
(c) Can the sale of dresses on her shop be called as business?

Explanation

(a) No.
(b) Regular Basis
(c) Yes, as it is done on Regular Basis.