- 14 - 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.Page: Previous 1 2 3 4 5 6 7 8 9 10 11 12 13 14
Last modified: May 25, 2011