An Express Trust May Be Found If the Intent of the Grantor

question 17

True/False

An express trust may be found if the intent of the grantor to create a trust is unmistakable.

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Definitions:

VARs

An abbreviation for Volt-Ampere Reactive, a unit of reactive power in an electrical system, representing the non-working power in an AC circuit.

Watts

The unit of power in the International System of Units (SI), equivalent to one joule per second.

Peak-to-peak

The difference in voltage between the highest and lowest points in a waveform.

Effective

Producing a decided, decisive, or desired effect; efficiency in producing a desired result.