Hilary is a well-known mountain climber. The Daily Terror
newspaper offers her $10,000 for her life story, if she will write it.
Without the assistance of a ghost writer, she writes a story and
assigns all her right, title and interest in the copyright for $10,000
to the Daily Terror. The story is published and she is paid. She has
never written a story before. She also sells the manuscript to the
Mitchell Library for $5,000 and several photographs that she took
while mountain climbing for which she receives $2,000.
Requirement:
Discuss whether or not the three payments are income from
personal exertion. Would your answer differ if she wrote the
story for her own satisfaction and only decided to sell it later?
For a custom-written answer, place your order now!
What We Offer
• On-time delivery guarantee
• PhD-level professionals
• Automatic plagiarism check
• 100% Privacy and Confidentiality
• High Quality custom-written papers
