Solved

Melvin Gave a Gift to the American Red Cross to Be

Question 26

Multiple Choice

Melvin gave a gift to the American Red Cross to be used to provide clothing for individuals who lost their homes due to a major flood. At the same time a local foundation provided the Red Cross funds to develop plans for a new housing subdivision away from the flood zone. Melvin's gift is an example of _______ while the foundation's gift is an example of _______.


A) a bequest; planned giving
B) charity; philanthropy
C) a grant; an annual fund
D) entrepreneurship; a trust

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents