A Trust Can Be Terminated in Any of the Following

question 28

Multiple Choice

A trust can be terminated in any of the following manners, except: _______.

• A) by its own terms
• B) by impossibility of attaining the object of the trust
• C) by revocation of the trust by the settlor
• D) by a money judgment against the trustee

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Definitions:

Selection Bias

The bias that occurs when the subjects or conditions chosen for a study do not represent the target population, affecting the validity of outcomes.

Intervention Bias

The tendency to intervene or take action when it might not be necessary, often influenced by the belief that doing something is better than doing nothing.

Availability Heuristic

A mental shortcut that relies on immediate examples that come to a given person's mind when evaluating a specific topic, concept, method or decision.

Simulation Heuristic

A cognitive process where individuals predict outcomes based on how easily they can imagine an alternative scenario.