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Dvinal [7]
2 years ago
11

The university of texas and texas a & m university systems get large sums of money for their endowments from oil and gas roy

alties.
a. true
b. false
Business
1 answer:
maksim [4K]2 years ago
3 0

This is true. The university of Texas and Texas a & m university systems get large sums of money for their endowments from oil and gas royalties.

<h3>What is the meaning of royalties?</h3>

This is the term that is used to refer to the sum of paid due to the fact that something was sold. It is the money that the university would get due to the fact that they sold oil and oil products in the state. Texas is a very rich oil state.

Hence we can say that: This is true. The university of Texas and Texas a & m university systems get large sums of money for their endowments from oil and gas royalties.

Read more on Texas oil and gas royalties here: brainly.com/question/14531250

#SPJ1

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