MATCHING: -The Authority on Trust Law in Most States

question 21

Multiple Choice

MATCHING:
-The authority on trust law in most states

• A)legal title
• B)cestui que trust
• C)equitable title
• D)testamentary trust
• E)trust agreement
• F)principal
• G)income
• H)Restatement of the American Law of Trusts
• I)Uniform Trust Code
• J)parol evidence

---

Definitions:

Trade-In Allowance

The amount a seller offers to reduce the cost of a new item when a customer gives back an old item as part of the transaction.

List Price

The advertised price of a product or service before any discounts or promotions are applied.

New Car Dealer

A business that specializes in selling new automobiles, often featuring a specific brand or range of vehicle models.

Allowances

Funds or discounts given for a particular purpose, such as a price reduction to a retailer from a manufacturer, or money given to children by their parents.