Question

Amar, Akbar and Anthony are three friends pursuing different careers.
(a) Amar is a doctor and is running his own clinic,
(b) Akbar runs a bakery and makes breads and biscuits, whereas
(c) Anthony is an IAS officer. You are required to:
(i) Identify their occupations and (ii) Differentiate between them on the basis of transfer of interest, reward and code of conduct.

Answer 1

(i) Amer is a professional. Akbar is engaged in business. Anthony is an employee.

(ii)

	Transfer of interest	Reward	Code of Conduct
Amer	Not possible	Fee	Professional
Akbar	Possible, with formalities	Profit	None
Anthony	Not possible	Salary	Laid down by employer