What is the nature of business finance?
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Explanation:
Business is related to production and distribution of goods and services for the fulfillment and requirements of society. For effectively carrying out various activities, business requires finance which is called business finance.
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Answer:
The following facts will clarify the nature of business finance-
• Necessary for all types of business
• Depends on the size of business
• Include all type of capital
• Fluctuating Nature
• Determine the size of business
• Wider term
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