Which of the Following Is an Example of a Policy

question 94

Multiple Choice

Which of the following is an example of a policy?

• A) Diversify product line to appeal to more people.
• B) Increase sales by 10% over last year.
• C) Pay highest salaries to keep high quality employees.
• D) Develop and sell quality appliances worldwide.
• E) Diversify from retailing into delivery.

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Definitions:

Codicil

Some addition to or qualification of one’s last will and testament.

Amendment

A modification, change, or addition to a legal document or statute.

Cy Pres Doctrine

A legal principle that allows a court to amend the terms of a charitable trust or gift if its original purpose becomes impossible or impracticable to achieve.

Settlor

A person who creates a trust. Also called trustor.