When a Contributor and a Government Agree That the Principle

question 72

Multiple Choice

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, which fund is formed?

• A) Private-purpose trust
• B) Agency
• C) Investment trust
• D) Pension trust

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Definitions:

Voter Incentive

Factors or motivations that influence individuals to participate in the voting process during elections.

Political Issues

Topics or debates of concern in the political arena, often influencing government policy and decision-making.

Federal Government Spending

The expenditure of the central government on goods, services, and obligations, including defense, education, and welfare.

Income Transfers

Payments made from one individual or group to another without an exchange of goods or services, typically aimed at reducing economic inequality, such as social security payments.