Which of the following terms is used to indicate that a donor provided a gift with explicit instructions that the gift is to be used for a specific purpose by the not-for-profit but the entire amount may be spent right away?
A. Net assets without donor restrictions.
B. Net assets with donor restrictions.
C. Endowment assets.
D. Board-designated net assets.
Answer: B
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Elin manages a real estate development project. She wants to hire green specialists to oversee certain stages of the project. The risks include builders who overpromise or fail to clearly express what "green" means, and subcontractors who fail to meet environmentally friendly standards. An effective way to assess these risks is to
A. hire a skilled attorney who has worked on other green projects. B. focus only on the initial cost of the project. C. work with stakeholders who focus only on their specialties. D. omit express warranties and insurance provisions in contracts.
Fact Pattern 35-1BKit, manager of Long-Term Care Company's office in Metro City, decides to replace the office's male employees with females. Nia, an assistant manager transferred from a different Long-Term Care office, refuses to cooperate. Kit retaliates against Nia, who quits. Within a year, the male employees also quit.Refer to Fact Pattern 35-1B. Kit's action against Nia is most likely
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