Which of the following type of public expenditure is
characterized by quid-pro-quo?
OPTIONS
a.
Grant
b.
Subsidy
c
.
Interest
O
d.
Purchase Prices
Answers
Answered by
4
Answer:
a. Grant is the correct answer
Answered by
0
Grant type of public expenditure is characterized by quid-pro-quo.
Explanation:
- A grant is a form of quid pro quo business transaction in which one party exchanges something of equal or higher value for something of equal or greater value.
- In some cases, a quid pro quo may be more analogous to a questionable ethical issue involving a "favor for a favor" arrangement than a fair exchange of equally valued items or services.
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