menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Business Law Today Comprehensive
  4. Exam
    Exam 43: Insurance, Wills, and Trusts
  5. Question
    Flem Owns Shares of Stock in Gas & Oil Inc
Solved

Flem Owns Shares of Stock in Gas & Oil Inc

Question 65

Question 65

Multiple Choice

Flem owns shares of stock in Gas & Oil Inc. To create a trust with the stock for the benefit of his spouse Hanna, Flem must convey the shares to


A) a grantor.
B) a settlor.
C) a trustee.
D) a court.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q21: Customarily, an insurance company offers to insure

Q22: Molly is not married and has no

Q26: A valid will is one that represents

Q31: Cutting Edge Corporation makes and sells knives,

Q33: Courts interpret the words used in an

Q51: Intestacy laws determine the distribution of property

Q60: Rita is the chief executive officer for

Q61: Once a will is admitted to probate,

Q63: In most states, the testator's marriage after

Q68: Idina executes a deed conveying ownership of

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines