| Consider the following statement(s). |
| I. Primary objective of a business is to earn profit. |
| II. There is always a possibility of loss in business. |
| III. Love, sympathy and affections are the examples of economic activity. |
| Which of the statement(s) given above is/are correct? |
A) I and III
B) I and II
C) II and III
D) All of these
Correct Answer: B
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