If a State Has Adopted the Revised Uniform Principal and Income

question 63

Multiple Choice

If a state has adopted the Revised Uniform Principal and Income Act, which of the following statements is correct?

• A) The definition of trust income in the trust document will preempt all other definitions.
• B) Under state law, tax- exempt interest will not be allocated to income.
• C) The definition of principal in the trust document must classify capital gains as principal.
• D) The state law definition of trust income will preempt any other definitions.

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Definitions:

Bachelor-Prepared Nurses

Nurses who have earned a Bachelor of Science in Nursing degree, preparing them for a comprehensive range of healthcare duties.

Catheter-Associated Urinary

Pertaining to urinary complications or infections that occur in relation to the use of a catheter.

Ondansetron Preoperatively

The administration of ondansetron, an anti-nausea medication, before surgery to prevent postoperative nausea and vomiting.

Ultraviolet Light

A form of electromagnetic radiation with a wavelength shorter than that of visible light but longer than X-rays, known for its ability to kill bacteria and viruses.