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in Business Studies by (15 points)
Assertion(A). Selling of refurbished washing machine is an example of C2C Commerce. Reaton(R) Buyer and seller of such a product are consumers onty a) Both Assertion \( (A) \) and Reason \( (R) \) are correct and the Reason \( (R) \) is a correct explonation at thic Assertion(A) b) Both Assertion( \( A \) ) and Reason (R) are correct but Reason(R) is not a correct explangtion of the Assertion(A). \( \quad(2) \) d) The Assertion (A) is correct but Reason (R) is False d) The Assertion(A) if False and Reason (R) is correct.

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1 Answer

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a) Both Assertion (A) and Reason (R) are correct and the Reason (R) is a correct explanation of the Assertion (A).

Explanation:

  • Assertion (A): Selling of a refurbished washing machine is an example of C2C (Consumer-to-Consumer) Commerce, which is true. In C2C commerce, consumers sell products or services to other consumers, often through online platforms.

  • Reason (R): The buyer and seller of such a product are consumers only. This is also true because, in C2C commerce, both parties are individual consumers, not businesses.

Since the reason correctly explains why the selling of a refurbished washing machine is an example of C2C commerce, option (a) is the most accurate.

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