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While looking for ideas on how to craft a user-friendly dishwasher, the designers of a dishwasher-manufacturing company spent 10 days observing people as they used their dishwashers in their homes. In this instance, the designers were conducting ________.
Incomplete Disposition
The failure to fully deal with or dispose of an asset or a legal matter.
Trust Property
Refers to assets held in a trust, managed by a trustee on behalf of the beneficiaries of the trust according to the terms of the trust agreement.
Resulting Trust
A trust that is implied by law to effectuate the presumed intention of the parties involved, often arising when a property transfer does not fit the characteristics of an express trust.
Settlor's Intent
The purpose or intention expressed by a settlor when creating a trust, directing how the trust assets should be managed and distributed.
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