Question
it has to include IPAC --------------------------------- AlanisahorseracingfanandtellsGay,theCEOofhisconstructioncompany,to attendanauctionandbid,onhisbehalf,forthehorse,BlackCaviar.Hetoldherto spend'notacentmorethan$100,000'onthehorse.Gaybids$100,000butwiththe auctioneer'scommissionandGSTshereceivesaninvoicefor$120,000.Gay, herselfveryknowledgeableabouthorsebreeding,thinksthatthehorsecouldbesold for$150,000and,inanticipationofAlan'srejectionofthehorse,startsnegotiations withabuyerwillingtopayher$150,000forthehorse.AdviseGayastoherlegal positionandhowsheshouldproceedtodealwiththismatter.
it has to include IPAC
---------------------------------
AlanisahorseracingfanandtellsGay,theCEOofhisconstructioncompany,to
attendanauctionandbid,onhisbehalf,forthehorse,BlackCaviar.Hetoldherto
spend'notacentmorethan$100,000'onthehorse.Gaybids$100,000butwiththe
auctioneer'scommissionandGSTshereceivesaninvoicefor$120,000.Gay,
herselfveryknowledgeableabouthorsebreeding,thinksthatthehorsecouldbesold
for$150,000and,inanticipationofAlan'srejectionofthehorse,startsnegotiations
withabuyerwillingtopayher$150,000forthehorse.AdviseGayastoherlegal
positionandhowsheshouldproceedtodealwiththismatter.
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