Question

Mr Ronald sells shoes regularly. There is a continuous buy and sell activities that take place between buyers and sellers of various items. He puts all his money and other resources to earn more than he invests. There is an uncertainty of returns. He invests his money to earn a return on his investment, but it is never certain as to what amount of profit will be earned.
Identify the business activities from the above passage.

• A. 1. Dealings in goods and services on a regular basis 2. Earn profits 3. The uncertainty of returns
  
• B. 1. Dealings in goods and services on a regular basis 2. Earn profits
• C. 1. Dealings in goods and services on a regular basis 2. Earn profits 3. Risk of goods and services
• D. None of the above

Answer 1

The correct option is A

1. Dealings in goods and services on a regular basis

2. Earn profits

3. The uncertainty of returns

From the above passage the business activities are as follows:
1. Dealings in goods and services on a regular basis
2. Earn profits
3. The uncertainty of returns