Correct the underlined word and rewrite the sentence.

1) Business is non-economic activity.
Ans:- Business is economic activity.

2) Barter exchange is an exchange with money.
Ans:- Barter exchange is an exchange with goods

3) Profession can be transferred to other person.
Ans:- Profession cannot  be transferred to other person.

4) Capital is required for employment.
Ans:- Capital is required for bussiness

5) Industry creates place utility.
Ans:- Transport  creates place utility.

6) Commerce represents supply side of market.
Ans:- Industry represents supply side of market.

7) The basic purpose of business is to provide services.
Ans:- The basic purpose of business is to  make profit.