A Simple Trust

question 15

Multiple Choice

A simple trust

• A)may make charitable distributions.
• B)may make discretionary distributions of principal.
• C)may accumulate income.
• D)is required to distribute all of its income currently.

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Definitions:

Shape of Organism

The form or structure of a living entity, influenced by genetic and environmental factors.

Size of Organism

Refers to the physical dimensions of an individual organism, which can vary widely across different species and within a species.

Environment

The surroundings or conditions in which a person, plant, or animal lives or operates, including natural, social, and cultural factors.

Nutrient

Substances that provide nourishment essential for the growth and maintenance of life.