Which of the Following Statements Is True in Relation to the Nature

Multiple Choice

Which of the following statements is true in relation to the nature of a beneficial interest under a trust?

A) Beneficial interests are not proprietary rights, as they are rights in personam.
B) Beneficial interests may be proprietary rights, if the trust property is a right in rem.
C) Beneficial interests are proprietary rights, as they are capable of enduring a change of ownership.
D) Beneficial interests are neither proprietary rights or personal rights, but a new classification of right.