$1.$Mr X $($a resident of the Republic$)$ owns a block of apartments, which he lets out to tenants for a monthly rental. Select the correct option from the statements below.

a$.$ The rental income represents the "fruit" and this income is therefore capital in nature

b$.$If Mr$.$ X sells the apartment block, the proceeds from disposat will be revenue in nature

C$.$ The rental income is revenue in nature and will be considered to be gross income for Mr$.$ X

d Options a and c are correct

e$.$ All options are incorrect

$2.$ JT $($Pty$)$ Ltd sold its business for R$2200000.$ The terms of the sale agreement stipulated that the selling price was made up as follows:

Capital assets$-$R$1\mathrm{.}500\mathrm{.}000$

Trading stock$-$R$400000$

Goodwill$-$R$300000$

Select the correct statement from the oplins below:

a$.$ R$2200000$ is included in JTs gross income

B$.$ R$1500000$ is included in Tis gross income

C$.$ R$400000$ is included in JTs gross income

d$.$R$300000$ is included in JTs gross income

E$.$ R$1800000$ is included in JTs gross income

$3.$ Unlucky $($Pty$)$ Ltd had a fire at its warehouse during the $2024$ year of assessment and a portion of the warehouse was damaged. The companys insurer paid the company compensation of R$25000$ for the damage

is the statement below True or False

The R$25000$erved is capital in nature because it pertains to the fixed capital of Unlucky $($Pty$)$ Ltd and compensates this taxpayer for a loss caused by the fire in relation to its income eaming structure

$4.$ Select the correct option$($s$)$ below

a$.$ natural persons ipse dixit is the sole factor to consider in determining whether an amount is capital or revenue in nature

b$.$ The decision for a taxpayer to sell a capital asset indicates a change of intention and will result in the proceeds being included in for tax purposes under the gross income definition

C$.$In determining the intention of a company, the intention of the directors can be attributed to the company itself

d$.$ All of the above are correct

e None of the above are correct