114k views
5 votes
Under federal grant conditions, the title to equipment must remain with:

A. The institution or organization receiving the grant
B. The federal government
C. The equipment manufacturer
D. The sponsoring agency

1 Answer

2 votes

Final answer:

The title to equipment under federal grant conditions usually stays with the institution or organization that receives the grant to ensure it's used for its intended purpose during the grant's active period.

Step-by-step explanation:

Under federal grant conditions, the title to equipment typically must remain with the institution or organization receiving the grant (Option A). This condition is meant to ensure that the equipment purchased with grant funds is used for the purpose of the grant and remains available for use by the recipient during the period of performance of the grant. After this period, the disposition of the equipment depends on the specific terms and conditions of the grant agreement.

User Shlomi Noach
by
8.0k points

No related questions found