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Business is the exercise of constructing one’s dwelling or earning profits by producing or shopping for and selling merchandise ( goods and services ). 1 2 three 4 Merely put, it is “any exercise or enterprise entered into for profit. It does not mean it’s a company, a corporation, partnership, or have any such formal group, however it can range from a street peddler to Basic Motors.” 5 The time period can be often used colloquially (but not by legal professionals or public officers) to discuss with an organization , but this article will not take care of that sense of the word.
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