Which one of the following stafements is incorrect?
a. Conducting an legal activity may constiule the carying on of a business.
b. An activity that is on a relatively small scale can be considered a business.
c. A taxpayer can sil have a profit making intention and a prospect o prohi even where the aciny they underale s utmats) unscast.
d. A taxpayer can carry on a business where they employ a manager and where they do not conduct allof the achies thensles.
e. fa taxpayer spends more ime on their employment rather lihan the achiy, the achintycamo be consided a busines.
