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:

Label Feminists

The act of identifying or categorizing individuals who advocate for gender equality and women's rights as feminists.

Feminism

A movement and ideology that advocates for equal rights, opportunities, and treatment of women in society.

Women's Issues

Topics and challenges specifically related to women's rights, health, and equality in society.

Backlash

refers to a strong negative reaction by a large number of people, especially to social or political developments.