It Would Not Make Economic Sense for a University to Accept

question 5

Multiple Choice

It would not make economic sense for a university to accept a split-interest agreement in which a fixed annuity is payable to the donor if:

• A) The donor has attached conditions to the gift.
• B) The university has no immediate need for the assets.
• C) The sum of future annuity payments plus interest thereon exceeds the fair market value of the assets.
• D) The present value of the future annuity payments and other liabilities exceed the fair market value of the assets.

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Definitions:

Sexual Orientation

Sexual orientation refers to an enduring pattern of romantic or sexual attraction to persons of the opposite sex, same sex, both sexes, or more than one gender.

Gender Identity

Refers to an individual's personal sense of their own gender, which may or may not correspond to the sex assigned at birth.

Asexual

an orientation characterized by a lack of sexual attraction to anyone or low or absent interest in sexual activity.

Bisexual

An individual who is attracted to both males and females.