The Doctrine of Cy-Près Can Apply When a Charitable Gift

question 14

True/False

The doctrine of cy-près can apply when a charitable gift fails.

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Definitions:

Foreign Competition

The presence of competitors from other countries in a domestic market.

Tariffs

Taxes that a government places on imported goods, often to protect domestic industries or to raise revenue.

Quotas

Regulatory measures imposing limits on the amount or value of goods that can be traded, typically used in international trade.

Export Subsidies

Government payments made to domestic firms to encourage exports.