Auctioneer – NBC Institute

BL – May 2013 – L1 – SA – Q6 – Law of Contract

This question tests the understanding of an auctioneer's request for bids.

Question

An auctioneer’s request for a bid is regarded as:

A. Offer
B. Invitation to treat
C. Acceptance
D. Implied contract
E. Express contract

Answer

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Tags: Auctioneer, Contract Law, Invitation to Treat
Level: Level 1

Topic: Law of Contract
Series: MAY 2013

PT – April 2022 – L2 – Q2a – Value Added Tax (VAT)

Describe activities under VAT that do not require meeting the threshold rule before registration is done.

Question

a) Meeting the threshold is a requirement for VAT registration. Others may come under voluntary registration. However, certain activities must be registered despite the above rules.

Required:
Describe activities under VAT, which do not require meeting the threshold rule before registration is done.
(9 marks)

Answer

Find Related Questions by Tags, levels, etc.

Tags: Auctioneer, Promoter of public entertainment, Threshold rule, VAT exceptions, VAT Registration

Topic: Tax Administration, Value-Added Tax (VAT)
Series: APR 2022

PT – Nov 2020 – L2 – Q2d – Value-Added Tax (VAT), Customs, and Excise Duties

Identify the taxable person when goods are sold by an agent or auctioneer.

Question

An agent sold goods on behalf of a Principal. Who is the taxable person here? If the agent was rather an auctioneer, who would have been the taxable person? (3 marks)

Answer

Find Related Questions by Tags, levels, etc.

Tags: Agent, Auctioneer, Taxable Person, VAT
Level: Level 2

Topic: Value-Added Tax (VAT), Customs, and Excise Duties
Series: NOV 2020

BL – May 2013 – L1 – SA – Q6 – Law of Contract

This question tests the understanding of an auctioneer's request for bids.

Question

An auctioneer’s request for a bid is regarded as:

A. Offer
B. Invitation to treat
C. Acceptance
D. Implied contract
E. Express contract

Answer

Find Related Questions by Tags, levels, etc.

Tags: Auctioneer, Contract Law, Invitation to Treat
Level: Level 1

Topic: Law of Contract
Series: MAY 2013

PT – April 2022 – L2 – Q2a – Value Added Tax (VAT)

Describe activities under VAT that do not require meeting the threshold rule before registration is done.

Question

a) Meeting the threshold is a requirement for VAT registration. Others may come under voluntary registration. However, certain activities must be registered despite the above rules.

Required:
Describe activities under VAT, which do not require meeting the threshold rule before registration is done.
(9 marks)

Answer

Find Related Questions by Tags, levels, etc.

Tags: Auctioneer, Promoter of public entertainment, Threshold rule, VAT exceptions, VAT Registration

Topic: Tax Administration, Value-Added Tax (VAT)
Series: APR 2022

PT – Nov 2020 – L2 – Q2d – Value-Added Tax (VAT), Customs, and Excise Duties

Identify the taxable person when goods are sold by an agent or auctioneer.

Question

An agent sold goods on behalf of a Principal. Who is the taxable person here? If the agent was rather an auctioneer, who would have been the taxable person? (3 marks)

Answer

Find Related Questions by Tags, levels, etc.

Tags: Agent, Auctioneer, Taxable Person, VAT
Level: Level 2

Topic: Value-Added Tax (VAT), Customs, and Excise Duties
Series: NOV 2020

Question Tag: Auctioneer

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BL – May 2013 – L1 – SA – Q6 – Law of Contract

This question tests the understanding of an auctioneer's request for bids.

PT – April 2022 – L2 – Q2a – Value Added Tax (VAT)

Describe activities under VAT that do not require meeting the threshold rule before registration is done.

PT – Nov 2020 – L2 – Q2d – Value-Added Tax (VAT), Customs, and Excise Duties

Identify the taxable person when goods are sold by an agent or auctioneer.

BL – May 2013 – L1 – SA – Q6 – Law of Contract

This question tests the understanding of an auctioneer's request for bids.

PT – April 2022 – L2 – Q2a – Value Added Tax (VAT)

Describe activities under VAT that do not require meeting the threshold rule before registration is done.

PT – Nov 2020 – L2 – Q2d – Value-Added Tax (VAT), Customs, and Excise Duties

Identify the taxable person when goods are sold by an agent or auctioneer.

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Question Tag: Auctioneer

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BL – May 2013 – L1 – SA – Q6 – Law of Contract

This question tests the understanding of an auctioneer's request for bids.

You're reporting an error for "BL – May 2013 – L1 – SA – Q6 – Law of Contract"

PT – April 2022 – L2 – Q2a – Value Added Tax (VAT)

Describe activities under VAT that do not require meeting the threshold rule before registration is done.

You're reporting an error for "PT – April 2022 – L2 – Q2a – Value Added Tax (VAT)"

PT – Nov 2020 – L2 – Q2d – Value-Added Tax (VAT), Customs, and Excise Duties

Identify the taxable person when goods are sold by an agent or auctioneer.

You're reporting an error for "PT – Nov 2020 – L2 – Q2d – Value-Added Tax (VAT), Customs, and Excise Duties"

BL – May 2013 – L1 – SA – Q6 – Law of Contract

This question tests the understanding of an auctioneer's request for bids.

You're reporting an error for "BL – May 2013 – L1 – SA – Q6 – Law of Contract"

PT – April 2022 – L2 – Q2a – Value Added Tax (VAT)

Describe activities under VAT that do not require meeting the threshold rule before registration is done.

You're reporting an error for "PT – April 2022 – L2 – Q2a – Value Added Tax (VAT)"

PT – Nov 2020 – L2 – Q2d – Value-Added Tax (VAT), Customs, and Excise Duties

Identify the taxable person when goods are sold by an agent or auctioneer.

You're reporting an error for "PT – Nov 2020 – L2 – Q2d – Value-Added Tax (VAT), Customs, and Excise Duties"

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Customer

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