Ch5 Tr-bus vs prod.docx

Ch5 Tr-bus vs prod.docx - COMPARISON OF TRADE/BUSINESS AND...

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COMPARISON OF TRADE/BUSINESS AND INVESTMENT-RELATED OR “PRODUCTION OF INCOME” ACTIVITIES Trade/Business “Production of Income” Activity Primary motivation is to earn a profit May/may not have profit motive Regular, continuous involvement in the No regular, continuous involvement in activity the activity Intent is to earn livelihood, not just a
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  • Spring '14
  • BrettWilkinson
  • Topology, Continuous function, Limit of a function, Topological space, continuous involvement

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