CBSE · Class 11 · Business Studies · Internal TradeItinerant traders are those who:
Step-by-Step Solution
Itinerant traders are small-scale traders who do not have a fixed place of business and move from place to place to sell their goods.
Detailed Options Breakdown
Option : Have fixed retail shops in big markets
Incorrect choice. This distractor represents a common misunderstanding of the core principles of Internal Trade.
Option 1: Do not have a fixed place of business (Correct Answer)
Correct choice. Refer to the step-by-step verified solution guidelines above for details.
Option 2: Only deal in international trade
Incorrect choice. This distractor represents a common misunderstanding of the core principles of Internal Trade.
Option 3: Sell goods exclusively online
Incorrect choice. This distractor represents a common misunderstanding of the core principles of Internal Trade.
💡 Study Guide: This question tests core syllabus concepts from Internal Trade. For formulas, key summaries, and mock exam reference guides, read the full Internal Trade Revision Notes.