Commerce

1. no code Of conduct is prescribed in this
3. in Business people engage in activities related to sale of goods
5. system is an old method of exchange of good and services
6. business is undertaken with the objective of earning
9. these activities are performed out of love, sympathy and sentiment
10. Economic a mother teaching her son is an eg of whag activity
11. One objective of business is that there should be sale or of goods between the seller and the buyer
12. is the uncertainty associated with an exposure to loss risk

2. economic activities are of three types Business, profession and
4. membership of a professional body and certificate of practice are required in
7. business involves dealings in goods or services on
8. businessmen make all possible efforts to maximize profits by increasing the of sales or reducing the cost