Regarding a Trust, Which of the Following Is a False

question 88

Multiple Choice

Regarding a trust, which of the following is a false statement?

• A) Interest may be generated by a trust.
• B) Income may be paid to a person identified as an income beneficiary.
• C) A person entitled to income must be the person entitled to the trust corpus.
• D) A trust may be created to protect a pet.
• E) A trust may be created for tax reasons.

---

Definitions:

Inherited Vulnerability

A predisposition to certain psychological or physical conditions passed down from parents to their offspring through genes.

Evolution of Behaviour

The study of how and why animal and human behaviors change over generations through the principles of natural selection and genetics.

Genetic Drift

A mechanism of evolution caused by random changes in the frequency of alleles within a population over time.

Natural Selection

The evolutionary process where organisms with traits that enhance survival and reproduction are more likely to pass on their genes to the next generation.