If a person sells his domestic computer at a profit; will it be considered a business? Also explain the characteristic of business which is being stressed upon in the above said example.

No, it is not a business because it is not based on daily basis.

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No it's not a business.
Characteristics-

Continuity in dealings:

Dealings in goods and services become business only if undertaken on a regular basis. According to Peterson and Plowman, "a single isolated transaction of purchase and sale will not constitute business recurring or repeated transaction of purchase and sale alone mean business."

For instance, if a person sells his Computer it is not business though the seller gets money in exchange. But if he opens a shop and sells computers regularly, it will become business. Therefore, regularity of dealings is an essential feature of business.

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If a person sells his domestic computer at a profit, it will not be considered as a business activity because he/she is neither doing it on regular basis nor selling from a shop or business space/place.
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no it is not a business . I n  is not a part of business
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👍🏻👍🏻
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Ritik

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It will not be a business because the business is that what businessman do on regular basis .
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@ritik, it is not a matrimonial site
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No my dear because business considered buying and selling of goods and services on regular basis. Single transaction does not considered as business
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No it well not be considered a business because
Business is on regular basis and selling his old computer for a profit is not on a regular basis therefore it can not be considered as a business
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No all are the nonsense answer those are given
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No,it is not a business because the activity which we do in the regular basis is called business. If you sell computer daily so, that's call the business
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No it is not considered in the business because we know that the business has a one characteristic that it should be regular or we can say the business have the regularity answer
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No, It is not a business.

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It is business, as the concerned activity earns him profit or income
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No,if a person sells his domestic computer at a profit it will not be considered a business. The business dealing should be in a s regular basis. A one time transaction can't be considered a business even if it is giving u profit.
Characteristic highlighted- business should be in regular basis
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What??
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yeyeyey
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What are you looking for?