Q4 of 27 Page 157

Which of the following items is not true-

(a) True.

Trade includes selling and purchasing of goods and services between consumer and producers.


(b) True


Business activities are divided between Commerce and industry.


(c) Not True


The industry is part of business, as a business activity is divided into industry and commerce.


(d) Not true


Commerce facilitates the exchange of goods and services. Commerce is divided into trade an allied activities of trade.

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