Choose the Word or Phrase in [ ] Which Will

question 3

Short Answer

Choose the word or phrase in [ ] which will correctly complete the statement. Select A for the first item, B for the second item, and C if neither item will correctly complete the statement.
-Funds from the [minor's section 2503(c)| crummy] trust must be distributed by the time the beneficiary turns 21.

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Definitions:

Maximum Price

A ceiling price set by an authority, above which the sale of a good or service is not allowed.

Market Price

The current price at which a good or service can be bought or sold in a given market.

Maximum Price

A price ceiling set by the government or a regulatory body, above which a product or service cannot be sold in the market.

Price Ceiling

A government-imposed limit on how high a price can be charged for a product, service, or commodity.