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When Vancouver-based Uniglobe Travel International books flight reservations, it is an illustration of which channel of distribution?
Financial Position
A snapshot of what a company owns and owes, as well as the amount invested by shareholders, often represented by the balance sheet.
Fiduciary Fund
A fund held by an entity in a trustee or agent capacity for others and is often used for specific purposes or persons, such as pension funds or estates.
Reserve Fund
A savings or fund set aside for future expenses, emergencies, or capital projects.
Endowment Fund
An endowment fund is a financial asset, in the form of donated funds or property, invested to generate income for a specific purpose, usually non-profit.
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