The Objectives of Personal Trusts Normally Are __________ in Scope

question 50

Multiple Choice

The objectives of personal trusts normally are __________ in scope than those of individual investors, and personal trust managers typically are __________ than individual investors.

• A) broader; more risk averse
• B) broader; less risk averse
• C) more limited; more risk averse
• D) more limited; less risk averse

---

Definitions:

Light Emitting Diode

A semiconductor device that emits light when electric current flows through it, commonly used for indicators, displays, and lighting.

Digital Display

An electronic screen or panel that shows information in visual form through digits, often found in devices like clocks, meters, and dashboards.

Hertz

Unit of wave frequency equivalent to one cycle per second.

Frequency

Number of repetitions of a process or series of events within a specific time frame.