What is the nature of legislative power with respect to trades and businesses in India according to Article 298?
The nature of legislative power with respect to trades and businesses in India according to Article 298 is as follows:

1. The executive power of the Union extends to the carrying on of any trade or business and to the acquisition, holding, and disposal of property and the making of contracts for any purpose, subject to Parliament's power to make laws with respect to certain trades or businesses.
2. The executive power of each State also extends to the carrying on of any trade or business and to the acquisition, holding, and disposal of property and the making of contracts for any purpose, but this is subject to the power of the State Legislature to make laws with respect to certain trades or businesses.