Accordingly, in the light of the definition of the law, the essential elements of a commercial enterprise can be listed as follows:

i. to generate an income that will be above the craftsman’s turnover to be announced: There should be a will/purpose of the enterprise to generate an income which shall be above a certain threshold to be announced by the Pesident. The criterion here is that the threshold would be above the level of the turnover of a craftsman’s enterprise. The threshold for a craftsman’s enterprise is announced by a presidential decree (Art.11/2).

ii. continuity: The commercial business should be continuous, not temporary.

iii. independence: This criterion qualifies a commercial enterprise from a “branch” which is not an independent unit. A branch or a commercial representative do not qualify as a commercial enterprise due to the lack of this criterion. Therefore, the criterion for independence is significant for defining a business unit as a commercial enterprise. Accordingly, a commercial enterprise has a legal capacity that is much broader than a branch which has a limited scope of activities.

The correct answer is C.