[BIM20315] Meaning of trade: badges of trade: supervening trade
The way in which an asset was acquired must be considered. If it is by gift or inheritance it will be difficult, although not impossible, to show that a subsequent sale is by way of trade.
If the asset were acquired by purchase the circumstance, for example the market in which it was bought or the correspondence leading up to purchase, may tend to show either that it was being bought for resale or that it was wanted for private use or as an investment.
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