What Is the Term for a Voluntary Transfer of Property

question 49

Multiple Choice

What is the term for a voluntary transfer of property to a donee from the donor?

• A)Conveyance
• B)Trust
• C)Gift
• D)Title

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Definitions:

Normative Business Ethics

The study of ethical actions in business, focusing on the standards and principles that govern right and wrong behavior in the commercial world.

Descriptive Realities

The portrayal of things or situations as they actually exist, without interpretation or bias.

Industry Standards

Established norms and requirements within a specific industry that guide processes, ensure quality, and promote safety.