Multiple Choice
MATCHING:
-A contract, made between and signed by the settlor and trustee, that creates a trust
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
Q3: A single trust may have only one
Q4: After the creation of a trust, title
Q5: If there are two trustees, one may
Q6: Which duty prohibits a trustee from personally
Q7: MATCHING:<br>-The monetary gain that is generated from
Q9: Any transferable interest in an object of
Q10: MATCHING:<br>-The right of the beneficiary to receive
Q11: A settlor may cancel a trust if
Q12: Which judicial remedy can a beneficiary use
Q13: MATCHING:<br>-Oral testimony or written evidence<br>A)legal title<br>B)cestui que