Which of the Following Statements About Charitable Trusts Is True

question 18

Multiple Choice

Which of the following statements about charitable trusts is true?

• A) No one person can bring suit to enforce a charitable trust.
• B) Gifts to charities are subject to federal estate tax.
• C) A charitable trust is created for the benefit of an individual.
• D) The actual beneficiaries are actual and ascertainable.

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Definitions:

4S/4M ABS

A specific configuration of Anti-lock Braking System (ABS) technology that includes sensors and modulators for 4 sensors and 4 modulators, enhancing vehicle stability and control.

Modulated

Adjusted or regulated in stages or by degrees; often describes the variable control of power or signal in a system.

ABS Requirement

A standard or regulation that mandates the inclusion of Anti-lock Braking Systems in vehicles, to improve safety by preventing wheel lockup during braking.

Trailer Brake System

A braking mechanism specifically designed for trailers, which works in conjunction with the tow vehicle's brakes to ensure safe stopping power.