A Trust Is a Legal Entity Whose Purpose Is to Hold

question 71

True/False

A trust is a legal entity whose purpose is to hold and administer property for the benefit of beneficiaries.

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Definitions:

Neuroticism

A characteristic of personality marked by fluctuations in mood, feelings of nervousness, and inconsistent emotions.

Extraversion

A personality dimension describing individuals who are sociable, energetic, and often seek stimulation and the company of others.

Neuroticism

A personal attribute identifiable by its emotional volatility, anxious feelings, variability in moods, easily irked nature, and depressive states.

Conscientiousness

A personality trait characterized by diligence, carefulness, thoroughness, and the desire to do a task well.