What is the meaning of sale?
Answer and explanation
Correct answer: Selling goods or services to customers
A sale is a transaction in which ownership or use of a good, or the benefit of a service, is transferred to a customer in exchange for an agreed price. It normally includes offering, informing, accepting an order, and receiving payment. Therefore option A is correct; hiding goods or withholding price prevents a sale.
Frequently asked questions
What is the correct answer to this question?
Selling goods or services to customers
Why is this the correct answer?
A sale is a transaction in which ownership or use of a good, or the benefit of a service, is transferred to a customer in exchange for an agreed price. It normally includes offering, informing, accepting an order, and receiving payment. Therefore option A is correct; hiding goods or withholding price prevents a sale.
Which subject and chapter does this question cover?
This is a Class 11 Business Studies question. Chapter: Business, Trade and Commerce. Topic: Trade and Auxiliaries to Trade.
