Which of the Following Statements Is False

Multiple Choice

Which of the following statements is false?

A) In a fixed trust the interests of the beneficiaries have already been defined by the settlor.
B) A trust in favour of 'such of my children who survive me' is an example of a fixed trust.
C) A trust in favour of 'Rufus Stone and Michael Heath in such proportions as my trustees shall decide' is an example of a fixed trust because the names of the beneficiaries have already been identified.
D) A lottery syndicate where members share any winnings in proportion to the size of the stake they have contributed is an example of a fixed trust.