A Trust Can Be Altered, Amended, or Revoked

question 5

Multiple Choice

A trust can be altered, amended, or revoked

• A) at any time.
• B) at the death of the settlor.
• C) only if the power to do so is expressed in the trust instrument.
• D) None of the answers is correct.

---

Definitions:

Strategic Objectives

Long-term goals that an organization seeks to achieve to fulfill its mission and vision.

Organization Determination

The process by which an organization defines its intentions and establishes the strategies and actions necessary to achieve its goals.

International Human Capital

The knowledge, skills, and abilities of employees that can be leveraged globally to gain competitive advantage and operate effectively across countries.

Corporate Human Capital

Refers to the collective skills, knowledge, or other intangible assets of individuals that can be used to create economic value for the individuals, their employers, or the community.