Distinguish Between a Direct Incentive and an Indirect Incentive

question 93

Essay

Distinguish between a direct incentive and an indirect incentive.

---

Definitions:

Unification

Unification refers to the process of making or becoming unified or whole, often by bringing together previously separate parts or entities.

Private Law

Law that involves suits between private individuals or groups.

Trust Corpus

The principal amount of assets held in a trust, as distinguished from the income generated by those assets.

Trustee

(1) In a bankruptcy proceeding, an individual who takes over administration of a debtor’s estate. (2) A person who operates a business trust for beneficiaries.