Which of the following is excluded from the definition of a transient merchant?

The option indicating that a person selling goods produced by themselves is excluded from the definition of a transient merchant is correct because individuals who create and sell their own products often fall under different regulatory guidelines compared to transient merchants. Typically, transient merchants are defined as those who sell goods or services without a fixed location, often for a short time, and may not produce the goods themselves.

In many legal contexts, exempting those who sell items they have produced themselves encourages local entrepreneurship and crafts. This exemption acknowledges the distinction between permanent businesses and those who engage in transient sales without substantial involvement in the creation of their products. It also aligns with various local regulations that aim to support artisans and local producers.

The other options, such as individuals operating a refreshment stand, conducting retail business without a license, and selling services rather than goods, typically still meet the criteria of a transient merchant, as they involve the sale of products or services without a permanent establishment and may be subjected to licensing and other regulatory requirements.