Which Is NOT a Trustee's Duty

question 15

Multiple Choice

Which is NOT a trustee's duty?

• A)Duty to account
• B)Duty of performance and due care
• C)Duty to make payments of income and principal to the named beneficiaries
• D)Duty to prevent the investment of the trust property

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Definitions:

Restatement of Law

A set of treatises published by the American Law Institute meant to distill and clarify the common law of the United States.

Prohibitory

Pertaining to laws, rules, or regulations that forbid certain actions or behaviors.

Pervasive

Spreading widely throughout an area or group of people, especially of an unwelcome influence or physical effect.

Remedies

The means by which a right is enforced or the violation of a right is prevented, redressed, or compensated.