Relief from Administrative Details and Continuity Are the Major Reasons

question 286

Multiple Choice

Relief from administrative details and continuity are the major reasons for:

• A) Trust acceptance
• B) Trustee termination
• C) Naming a financial institution as a trustee
• D) Convenience and complete services of trusts

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Definitions:

ASCII Code

A system for representing text in electronic devices and computers, used for digital communication.

System Requirements

The minimum hardware and software specifications needed for a computer application to run efficiently.

Scientific Notation

A method of expressing numbers as a product of a coefficient and a power of ten, used to easily represent very large or very small numbers.

Beta Testing

A phase of software development where a nearly finished product is distributed to a select group outside the development team for real-world exposure.