MATCHING: -A Resulting Trust in Which Property Is Purchased and Paid

question 14

Multiple Choice

MATCHING:
-A resulting trust in which property is purchased and paid for by one person, at whose direction the seller transfers possession and title to another person

• A)active trust
• B)inter vivos trust
• C)purchase-money resulting trust
• D)failed trust
• E)excessive endowment trust
• F)spendthrift trust
• G)sprinkling trust
• H)Totten trust
• I)declaration of trust
• J)irrevocable living trust

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Definitions:

External Sources

Information, capital, or services obtained from outside the organization or individual's immediate environment or domain.