With 3702 Study guides, Study notes & Summaries

Course Code: TAX 3702 Assignment No: 03 Closing Date: 16 August 2021 ______________________________________________________________________________ Question 1 For an amount to be included in gross income, it must satisfy all the requirements of the general definition of “gross income”. That is:  the total amount in cash or otherwise  received by or accrued to  during the year of assessment  not of capital nature. Or, alternatively, the amount may also be included in ta...

AUI 3702 EXAM PACK. The Internal Audit Process: Test Of Controls. Combined assurance is a manner in which the company sets itself up to adequately addresses the significant risk which the company faces. It can be provided by  Internal assurance providers‟ e.g. internal audit, finance function. The focus will be on enabling an effective internal control environment and supporting the integrity of information used for internal decision making by management, the board and its committees. ...

John, a racehorse owner, advertises for sale the horse Fire for R1.5 million. In the advertisement it is stated that Fire is an offspring of the legendary July winner, Lightning. Peter is a horse breeder who specifically wishes to introduce the bloodline of Lightning into his stud. He agrees orally with John to buy Fire for R1.5 million. Later, in order to meet the requirements of the horse breeders’ association, John has a written contract drawn up which Peter signs without reading. The c...

MEMORANDA OF ASSIGNMENTS This tutorial letter contains the memoranda of the answers to the assignments. 1.1 Assignment 01 Question Read the judgments in Cape Explosive Works Ltd v South African Oil and Fat Industries; Cape Explosive Works Ltd v Lever Brothers (South Africa) Ltd 1921 CPD 244, Bal v Van Staden 1902 TS 128 and A to Z Bazaars (Pty) Ltd v Minister of Agriculture 1975 (3) SA 468 (A). Use the cases to identify the relevant examinable section(s) in the prescribed textbook. Study...

PVL3702 EXAM PACK. PVL3702 - Law Of Contract. Identifying the problem The subjective approach of the courts involves the application of the will theory as qualified by estoppel or quasi-mutual assent (Hutchison and Pretorius (eds) The law of Contract in South Africa Oxford University Press Southern Africa 2012 90-97). A successful reliance on estoppel can only give rise to a ‘fictional’ (thus not valid) contract (Hutchison and Pretorius Contract 94) and will thus not be discussed. The ...

Which of the following processes is NOT a part of external respiration? A) the transportation of oxygen and carbon dioxide between the lungs and body tissues by the blood B) the exchange of oxygen and carbon dioxide between the lungs and blood by diffusion C) the exchange of oxygen and carbon dioxide between the blood and tissues by diffusion D) the movement of air into and out of the lungs by bulk flow E) the use of oxygen and generation of carbon dioxide by the mitochondria during energy ...

PVL 3702 LAW OF CONTRACT ALL ASSIGNMENTS WITH MEMOS FROM 2012- 2022. 1 MEMORANDA OF ASSIGNMENTS This tutorial letter contains the memoranda of the answers to the assignments. 1.1 Assignment 01 Question Read the judgments in Cape Explosive Works Ltd v South African Oil and Fat Industries; Cape Explosive Works Ltd v Lever Brothers (South Africa) Ltd 1921 CPD 244, Bal v Van Staden 1902 TS 128 and A to Z Bazaars (Pty) Ltd v Minister of Agriculture 1975 (3) SA 468 (A). Use the cases to identi...

PVL 3702-LAW OF CONTRACT ALL ASSIGNMENTS WITH MEMOS FROM 2012- 2022. 1 MEMORANDA OF ASSIGNMENTS This tutorial letter contains the memoranda of the answers to the assignments. 1.1 Assignment 01 Question Read the judgments in Cape Explosive Works Ltd v South African Oil and Fat Industries; Cape Explosive Works Ltd v Lever Brothers (South Africa) Ltd 1921 CPD 244, Bal v Van Staden 1902 TS 128 and A to Z Bazaars (Pty) Ltd v Minister of Agriculture 1975 (3) SA 468 (A). Use the cases to identif...

MAC 3702 2016 AND 2017 EXAMS PACK WITH SOLUTIONS

1964 Civil Rights Act, Title VII - ANSWER Prohibits discrimination in employment based on: race, color, national origin, sex, or religion 1972 Equal Employment Opportunity Act - ANSWER Brought Federal Government in line with provisions of the 1964 Civil Rights Act. 2009 Lilly Ledbetter Fair Pay Act - ANSWER Changed the statue of limitation rules for discriminatory compensation cases. Title 31 USC 3512 - ANSWER FMFIA of 1932 Federal Manager's Financial Integrity Act of 1932 -Impleme...