Do you agree or disagree with the statement: Non-trading concerns do not have profit motive.
Q.1 (D) (ii) Do you agree or disagree with the statement: Non-trading concerns do not have profit motive.
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Answer: Agree
Non-trading (not for profit) concerns such as clubs, schools, hospitals and charitable trusts are set up to serve their members or society, not to earn profit.
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· 28 Oct 2026
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