Examlex
Which of the following is a reason why firms can be more efficient than markets as coordinators of economic activity?
Trust Agreement
A legal document that outlines the terms and conditions under which property is managed and held by a trustee for the benefit of another party.
Testamentary
Relating to or bequeathed through a will.
Charitable
Relating to or aimed at helping others through donations or volunteer work without the expectation of financial gain.
Intestate
The state of having died without a valid will.
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