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Christopher,a Senior Manager at Chip Card Inc

question 81

Multiple Choice

Christopher,a senior manager at Chip Card Inc.,ensures that every member of his team is involved in decision making for all projects.He conducts regular brainstorming sessions to discuss ongoing issues and encourages his team to suggest solutions as well as make decisions.In this case,Christopher demonstrates effective management by _____ his subordinates.


Definitions:

Trust Corpus

The principal amount or assets held in trust, as differentiated from the income generated by those assets.

Consideration

Something of value exchanged by parties in a contract that induces them to enter into the agreement.

Trustee

A legal entity or person appointed to manage and administer property or assets for the benefit of a third party.

Testamentary Trust

A trust that is created according to the instructions in a will, coming into effect upon the death of the person who created the will.

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