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When a Contributor and a Government Agree That the Principle

question 39

True/False

When a contributor and a government agree that the principle and/or income of trust assets is for the benefit of individuals, organizations, or other governments, a private-purpose trust has been formed.


Definitions:

False Claims

Assertions or statements made that are not true, which can pertain to products, services, or legal testimony.

Purchasing Agent

A person tasked with acquiring goods or services for their organization or client.

Sanitation Regulations

laws and guidelines designed to protect public health by ensuring the cleanliness of water, food, and living environments.

Harvest The Hay

The process of cutting and gathering hay crops for storage and future use.

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