Q.Which one of the following is NOT a feature of business?

This question tests whether a student understands that a business's profit is never certain, only aimed at. …

The correct option is (c) Guaranteed profit every year.

Options (a), (b), and (d) are all genuine, recognised features of business: business is indeed an economic activity (a); it must be carried on with regularity and continuity, not as an isolated transaction (b); and because the return on any business decision lies in the uncertain future, every business carries an element of risk (d). …

Students sometimes pick (d) by mistakenly reading "element of risk" as something undesirable that "shouldn't" be a feature -- risk being present is exactly what m …