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Would the following constitute assessable income? Give brief reasons for your answers.

a) Wages from part time employment as a bar attendant.

b) Director's fees paid by a company.

c) A lottery prize of RM10,000.

d) A voluntary payment of RM5,000 to a solicitor by a generous client. The solicitor had already been paid by the client for work done.

e) Payment received under an agreement to deal only in a certain brand of products.

f) Proceeds of an insurance pay out on a policy in respect of the theft of household goods.

Financial Management, Finance

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