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4 March, 03:01

Manoj invested his savings in a piece of land in 2005. In 2015 he sold his land at a good profit. Will his purchase and sale of land considered as business? Justify your answer.

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  1. 4 March, 05:48
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    Yes.

    Explanation:

    If the question is asking if Manoj's move is considered 'business' than yes, yes it is. Manoj both bought and sold property.

    Definition:

    Business is the activity of making one's living or making money by producing or buying and selling products.
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