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:

Incentive

A form of motivation or stimulus that encourages a person to perform or act in a certain way, often used in economics, business, and psychology.

Blocking Variable

A variable that groups experimental units in a way that reduces the effects of variability on the outcome, enhancing the experiment’s accuracy.

Supermarket Chains

Large retail organizations consisting of multiple supermarket locations, offering a wide variety of food and household products.

Type of Item

Refers to the categorization or classification of an item based on its attributes, purpose, or other distinguishing characteristics.