A Trust Is a Legal Entity That Can Only Exist

question 107

True/False

A trust is a legal entity that can only exist for a year.

---

Definitions:

Channel Richness

The degree to which a communication channel conveys information effectively, including verbal, non-verbal, and contextual cues.

Perceived Efficacy

The belief in one's own or a specific method's ability to achieve a goal or produce a desired outcome.

Perceived Risk

The level of risk an individual believes is associated with a specific action or decision, affecting their behavior and choices.

Channel Richness

The ability of a communication channel to effectively convey information, including the extent to which it can handle multiple cues and facilitate rapid feedback.