Question:
If there is no regularity in dealings, an activity cannot be called business. Do you agree? Give reason in support of your answer.
If there is no regularity in dealings, an activity cannot be called business. Do you agree? Give reason in support of your answer.
Updated On: Jan 13, 2026
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Solution and Explanation
Yes, regularity in dealings is essential for an activity to be considered a business. The reasons are:
1. Continuity: Regularity ensures that the business operates continuously, allowing it to grow and build a loyal customer base.
2. Profit Generation: Businesses aim to earn profits, which is possible only through
consistent dealings.
3. Trust and Reputation: Regular operations help in establishing trust with customers and improving the business’s reputation in the market.
For example, a shop that sells products every day is a business, but selling personal belongings occasionally is not a business activity.
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