A Unique Feature of a Self-Declaration Trust Is That the Creator

question 81

True/False

A unique feature of a self-declaration trust is that the creator of the trust is also the trustee.

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Definitions:

Independent Retailers

Retail businesses that are owned and operated independently, not part of a larger chain or franchise.

Corporate Chains

Businesses owned and operated by a single organization that has multiple outlets in various locations.

Contractual Systems

Arrangements or agreements between two or more parties that legally bind them to specific obligations or responsibilities, often seen in business agreements or franchising.

Corporate Chains

Companies that own or control a series of outlets or branches under a common brand.