Question: Which fund is used when a contributor specifies that the income of trust assets be used for the benefit of the general citizenry? Multiple Choice
Which fund is used when a contributor specifies that the income of trust assets be used for the benefit of the general citizenry?
Multiple Choice
Investment trust fund.
Privatepurpose trust fund.
Custodial fund.
Permanent fund.
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
