Case study first

Case study first AS.SIGNMENT OF CLASS Father gifted a cricket baton his Tue R..800. Few one Of h friends. ror 850. He very happy to a of SO. He was by transaction "d he formed a partnership business with his friend Nisbant trading in bats other under 'he and both principal other. nrning huge money out or same. H" rather suggested him to spend some mo y on social responsibilities. then gelded to sports to which were financially weak, Can the transaction between Rakesh and be termed business why "hy Can transaction Rakesh trader and Other termed Identify the value which according to you motivated Rakesh in free spots goods. want. start wholesale business or stationary items. But he is hesituting it Will involve hinderanees relat«j *OOdS from place of production to market. Storing goods because Of gap production and theft. fire. procurement 10 finance above activities, providing information to the product' etc. Ann to problem. himself imports the appliances the Of

Dear Student.

Ans 1) Transaction between Rakesh & Nishant cannot be termed as business transaction as there was no business or profit motive; it was merely a mutual exchange

Ans 2) Transactions of M/s Rakesh Traders with other persons are business transactions as they are carried with a business motive & not any personal motive

Ans 3) Values which motivated Rakesh to distribute free sports goods are responsibility towards society; urge to improve the condition of financially weak schools

Regards,

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