Which of the Following Hold True with Regard to Grants

question 16

Multiple Choice

Which of the following hold true with regard to grants?
I.Grants are moneys provided to business and other entities that don't have to be repaid.
II.Grantee must perform the service for which the grant was approved.
III.Government grants exceed $400 billion per year.
IV.Size Standards for all businesses to qualify for grants are the same for all industries.

• A)I & II
• B)I & IV
• C)I,II,& IV
• D)I,II,& III

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Definitions:

Wholesaler

An individual or entity that buys goods in large quantities from producers to resell them to retailers or directly to customers, but typically not to the final consumer.

Selling Price

The amount of money a buyer pays to acquire a product or service from a seller.

Trade Discount

A reduction in the listed price of a product or service, offered by sellers to buyers in the same trade.

Hardware Stores

Hardware Stores are retail establishments that sell tools, building materials, and supplies used in home improvement, maintenance, and construction projects.