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    Question

    Which of the following does not characterize business

    activity? 
    A Practice of goods and services Correct Answer Incorrect Answer
    B Presence of risk Correct Answer Incorrect Answer
    C Sales or exchange of goods and services Correct Answer Incorrect Answer
    D Salary or wages Correct Answer Incorrect Answer

    Solution

    1. Core business characteristics: a. Trade of goods/services (A,C) b. Risk-bearing (B) 2. Salaries are employment features, not business essentials 3. FSSAI defines Food Business Operators (FBOs) based on trading activities

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