Question : Of the following, which one is non-contractual earnings?
Option 1: Interest
Option 2: Rent
Option 3: Profit
Option 4: Wage
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Correct Answer: Profit
Solution : The correct answer is P rofit.
Profit is the result of business operations and financial activities that extend beyond the boundaries of particular contractual arrangements. It signifies the financial accomplishment or the return on investment for both businesses and individuals but is not established by the terms of contracts.
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