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Which of the Following Statements Is Most Accurate

Question 6

Multiple Choice

Which of the following statements is most accurate?


A) Because a beneficiary who consents to a breach of trust cannot sue the trustee, it is possible for a trustee to act in a way which is not authorised by the trust instrument provided all the beneficiaries agree.
B) Because the terms of the trust instrument are binding on the trustee, no departure from those terms is possible, even if the beneficiaries consent.
C) Variations of trust require the sanction of a court of law, even if all the beneficiaries consent.
D) Variations of trust are possible with the consent only of all known beneficiaries even if there are some beneficiaries who have not consented because their whereabouts are unknown.

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