Question 29(4 points) A husband started a small business and agreed to pay...
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Accounting
Question points A husband started a small business and agreed to pay his wife $ a month for her bookkeeping serrices. This was primarily a method of incomesplitting for tax purposes. Unfortunately, the business was not as successful as they had imagined, and the husband couldn't afford to pay his wife that much money from the business. The marriage went sour, and after separation, the wife brought an action against the husband demanding back pay for the last months, as well as compensation for loss of future earnings. Explain what defence the husband could best raise in these circumstances.
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A husband started a small business and agreed to pay his wife $ a month for her bookkeeping serrices. This was primarily a method of incomesplitting for tax purposes. Unfortunately, the business was not as successful as they had imagined, and the husband couldn't afford to pay his wife that much money from the business. The marriage went sour, and after separation, the wife brought an action against the husband demanding back pay for the last months, as well as compensation for loss of future earnings. Explain what defence the husband could best raise in these circumstances.
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