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sales and offers credit insurance in respect of such sales.
Although the dealerships are not engaged generally in the
insurance business, they do deal with credit insurance to the
limited extent that it relates to dealer-arranged financing. As
the record indicates, credit insurance is a small but
nevertheless an integral part of a dealership's business. As a
result, the manager commissions are an ordinary and necessary
expense of the dealerships.
Decisions will be entered
for petitioners.
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Last modified: May 25, 2011