Unlike Public Charities, Private Foundations Are Not Permitted to Engage

question 14

Multiple Choice

Unlike public charities, private foundations are not permitted to engage in ______.

• A) lobbying
• B) fund-raising
• C) providing direct services
• D) international exchange programs

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Definitions:

Market Determined Rates

Interest rates that are established by the supply and demand forces in the financial markets without direct government control.

International Trade

The exchange of goods, services, and capital across international borders or territories, influencing global economy and business practices.

Eurobond

An international bond issued in a currency not native to the country where it is issued.

U.S. Dollars

The official currency of the United States, widely used as a standard of exchange in international markets.