Frank operates a petrol station. He enters into an agreement with Shell and agrees to sell Shells
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Frank operates a petrol station. He enters into an agreement with Shell and agrees to sell Shell’s petrol exclusively for 5 years. During these 5 years, he cannot sell petrol from any other petrol suppliers. He is paid $15,000 for signing this agreement with Shell. Is it an assessable income for Frank?
Related Book For
International Business Law and Its Environment
ISBN: 978-0324649659
7th Edition
Authors: Richard schaffer, Filiberto agusti, Beverley earle
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