To Be a Settlor,a Person Must Meet All of the Following

question 3

Multiple Choice

To be a settlor,a person must meet all of the following requirements EXCEPT:

• A)Act as the beneficiary
• B)Have the right or power to dispose of a property interest
• C)Own a transferable interest in property
• D)Have contractual capacity

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Definitions:

Representation Election

A voting process in which employees decide whether or not they want to be represented by a union.

Names And Addresses

Essential information for identifying and contacting individuals or organizations, commonly used for communication, shipping, or location purposes.

Extreme Employer Misconduct

Refers to actions taken by employers that grossly violate labor laws or workers' rights, often leading to legal penalties or labor disputes.

Collective Bargaining

The process in which workers, through their unions, negotiate contracts with their employers to determine their terms of employment, including wages, benefits, and working conditions.