This must be completed in ILAC format. Marks will be allocated for issue, law and application, conclusion. If you miss any part of that format, you will not be eligible for the marks for the part that is missing. PLEASE NOTE: Step 1, 2, 3 and 5 for each asset should be completed similar to what is used in the workshops for this course i.e. law and application were combined together.
Determine whether Leon has made an initial capital gain or loss for each asset sold.