Multiple Choice
Mary wants to be able to take care of her sons when she is away. She decides to give an amount of money to a friend, Melanie, with the instructions that she is to use that money to care for the children when she is away. The money given to Melanie is called and Melanie is a .
A) fund; trustee
B) trust; trustee
C) endowment; money caretaker
D) deposit; trustee
E) fund; constructive trust
Correct Answer:
Verified
Correct Answer:
Verified
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