Multiple Choice
Which of the following statements is true?
A) A trust and a power are identical methods for distributing property.
B) A trust and a power are both methods for distributing property, and differ only in the legal tests applicable to establish them.
C) A trust and a power are similar methods of distributing property, but differ in the enforceability of the obligation by the potential objects.
D) A trust and a power differ in that a trust provides a fixed method for distributing property to named persons whereas a power allows flexibility in deciding who should benefit under a distribution of property.
Correct Answer:

Verified
Correct Answer:
Verified
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
Q7: Which of the following is not a
Q9: Which of the following statements exemplifies the
Q10: Which of the following statements is true
Q11: Connie and Prunella are the adult beneficiaries
Q12: Which of the following is not a
Q13: Which of the following is not a