Which of the Following Duties Is Not Owed by a Trustee

question 13

Multiple Choice

Which of the following duties is not owed by a trustee to its beneficiaries?

• A)The duty to preserve and protect trust property.
• B)The duty not to delegate their responsibilities as trustee.
• C)The duty to invest trust funds, manage the trust property reasonably and keep proper accounts.
• D)The duty to avoid disclosure of conflicts of interests.

---

Definitions:

Reasonable People

Individuals who exercise average care, skill, and judgment in conduct and who are presumed to have a certain level of knowledge when making decisions.

Ethical Dimension

Pertains to the moral aspects or implications of a situation, decision, or action.

Swindle

A deceptive act or operation designed to cheat or defraud someone.

Employer

An individual or organization that hires and pays people to perform specific jobs.