Multiple Choice
Which of the following is not a characteristic of a trust?
A) A trust can only exist in relation to specific property (real or personal) .
B) A trustee cannot also be a beneficiary under a trust.
C) A trust can only exist for legal persons who must be able to enforce the duties under a trust.
D) Legal title must be vested in trustees.
Correct Answer:

Verified
Correct Answer:
Verified
Q2: Which of the following collective investment vehicles
Q3: Which of the following statements best describes
Q4: Which of the following is true in
Q5: Which of the following statements is incorrect
Q6: Which of the following best describes the
Q8: Which of the following statements is true?<br>A)
Q9: Which of the following statements exemplifies the
Q10: Which of the following statements is true
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Q12: Which of the following is not a