| Consider the following statement(s) |
| I. Business deals in goods and services on regular basis. |
| II. One single transaction of sale or purchase does not constitute business. |
| III. Every business is free from risks. |
| Which of the statement(s) given above is/are correct? |
A) I and II
B) I and III
C) II and III
D) All of these
Correct Answer: A
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