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.
Answer the following statement true (T) or false (F)
True
Private purpose trust fund results when a contributor and a government agree that the principal and/or income of trust assets is for the benefit of individuals, organizations, or other governments.
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Which of the following statements is true of the influence of product characteristics on a company's channel strategy?
A) Products with low unit prices are usually sold using a company's sales force. B) Products that are sold using direct distribution generally require narrow selling margins. C) Perishability is an important product characteristic that influences channel strategy. D) Bulky products are ideally distributed through direct-sales systems globally.
______ is a discussion in which a number of individuals present individual speeches of approximately the same length on a central subject before the same audience.
a. Brainstorming b. A meeting c. A panel discussion d. A symposium
To fully compensate a plaintiff for losses suffered for a breach of contract, punitive damages are always awarded
a. True b. False Indicate whether the statement is true or false
Compared to installations, accessory equipment
A. is an expense item instead of a capital item. B. becomes part of the buyer's final product. C. is usually less standardized. D. involves more multiple buying influence. E. is sold to more target markets.