Identify Which of the Following Statements Is False

question 105

Multiple Choice

Identify which of the following statements is false.

• A)State trust law preempts the trust document when defining income.
• B)The Uniform Act on principal and income requires depreciation to be charged against income.
• C)A statement in the trust instrument concerning the allocation of depreciation to principal or income overrides a provision of state law.
• D)The Uniform Act allocates royalties to both principal and income.

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Definitions:

Mate Guarding

Efforts to prevent one’s sexual partner from mating with someone else in order to avoid the costs of rearing offspring that do not help to propagate one’s genes.

Propagate Genes

The process of passing genetic information from one generation to the next through reproduction.

Rearing Offspring

The process of raising and nurturing young, including aspects of feeding, protection, and teaching, typically observed in humans and animals.

Evolutionary Perspective

An approach in various disciplines that examines how evolutionary theory explains human behaviors, traits, and societal structures.