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Adventure

The document discusses a property that is capable of yielding income. If the property purchased can earn income, it implies that an investment was intended to earn income rather than being considered an adventure in the nature of trade.

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zamurd shah
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32 views1 page

Adventure

The document discusses a property that is capable of yielding income. If the property purchased can earn income, it implies that an investment was intended to earn income rather than being considered an adventure in the nature of trade.

Uploaded by

zamurd shah
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PPTX, PDF, TXT or read online on Scribd
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 If the Property purchased is capable of yielding income

then again the inference will be that an investment was


intended to earn income and is not an adventure in the
nature of trade.

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