wiz-icon
MyQuestionIcon
MyQuestionIcon
1
You visited us 1 times! Enjoying our articles? Unlock Full Access!
Question

Which of the following is a non-trading association?

A
Company
No worries! We‘ve got your back. Try BYJU‘S free classes today!
B
Partnership firm
No worries! We‘ve got your back. Try BYJU‘S free classes today!
C
Club
Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses
D
HUF
No worries! We‘ve got your back. Try BYJU‘S free classes today!
Open in App
Solution

The correct option is C Club
Non-Trading Organizations. A business concern is an organization involved in activities of buying or selling goods and services with a view of making a profit. There are associations, clubs or societies which are not formed for the purpose of making profit. These are called non-trading organizations..

flag
Suggest Corrections
thumbs-up
0
Join BYJU'S Learning Program
similar_icon
Related Videos
thumbnail
lock
Inputs to Outputs
ECONOMICS
Watch in App
Join BYJU'S Learning Program
CrossIcon