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Which of the Following Is a False Statement Regarding Trusts

Question 1

Multiple Choice

Which of the following is a false statement regarding trusts?


A) A court can place assets of a partnership in a constructive trust if it discovers that one partner is engaging in fraudulent or unconscionable conduct that might negatively affect the interests of another partner.
B) Trusts may be set up to make "awards" to family members who make significant contributions in certain fields,such as education,science,law,or medicine.
C) A trust document may state that the trust will terminate when an event happens,such as when the remainderman reaches a certain age.
D) Settlors may create trusts to prevent individuals from getting access to certain assets.
E) A settlor may revoke a trust at any time.

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