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The Best Choice for a Trustee Is a Family Member

question 62

True/False

The best choice for a trustee is a family member.


Definitions:

Business Ownership

The legal possession or control of a business, entitling the owner to its assets, liabilities, and operational decisions.

Utility Patent

A form of intellectual property protection that covers new inventions or functional improvements to existing inventions.

Design Patent

A form of legal protection granted to the ornamental design of a functional item, preventing others from making, using, or selling the design.

Machine

A device or apparatus designed to perform a specific task, often powered by electricity, mechanical force, or manual effort.

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