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Business is the exercise of developing one’s residing or being worthwhile by producing or shopping for and selling gadgets or companies. 1 2 three four Merely put, it is any exercise or enterprise entered into for revenue. It doesn’t mean it is a agency, a corporation, partnership, or have any such formal group, but it surely may in all probability fluctuate from a road peddler to Normal Motors. 5 The time period will also be often used colloquially (however not by attorneys or public officials) to discuss with a corporation , however this text shouldn’t be going to maintain that sense of the phrase.