A Private-Purpose Trust Fund Where the Principal Is Not Expendable

question 140

Multiple Choice

A private-purpose trust fund where the principal is not expendable, normally it is called a/an:

• A) Donation.
• B) Endowment.
• C) Gift.
• D) Transfer.

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Definitions:

Eating Disorder

A range of psychological disorders characterized by abnormal or disturbed eating habits.

Noncontroversial Policy

Policy proposals or decisions that are widely agreed upon and do not spark significant debate or opposition.

Considerable Resources

Substantial amounts of assets, finances, or materials that can be utilized to achieve a specific goal or project.

Status Quo

Status quo refers to the current state or condition of affairs, emphasizing the preservation of existing circumstances or levels of development.