Multiple Choice
MATCHING:
-A uniform law available for adoption by states to provide a uniform codified law on trusts
A) legal title
B) cestui que trust
C) equitable title
D) testamentary trust
E) trust agreement
F) principal
G) income
H) Restatement of the American Law of Trusts
I) Uniform Trust Code
J) parol evidence
Correct Answer:
Verified
Correct Answer:
Verified
Q14: Which is NOT an essential element of
Q15: Which is NOT a trustee's duty?<br>A)Duty to
Q16: Beneficiaries of a trust must be defined
Q17: MATCHING:<br>-The form of ownership of trust property
Q18: MATCHING:<br>-A trust included in a will<br>A)legal title<br>B)cestui
Q20: The trust instrument must either specifically describe
Q21: MATCHING:<br>-The authority on trust law in most
Q22: The court may appoint or replace a
Q23: To be a settlor, a person must
Q24: An infant may be a beneficiary of