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.

---

Definitions:

Transformational Grammar

A linguistic theory proposed by Noam Chomsky that describes how deep structures of language are transformed into surface structures.

Deep Structure

In linguistics, the underlying syntactic structure or meaning of a sentence, as opposed to its surface form.

Surface Structure

In linguistics, the superficial appearance or syntax of a sentence, as opposed to the deeper, underlying meaning.

Flexibility

The quality of being adaptable or variable, referring to the ability to adjust to new conditions or the capacity of being bent or stretched.