Which of These Statements Is True

question 3

Multiple Choice

Which of these statements is true:

• A)Implied trusts are expressly created by the settlor
• B)Implied trusts fill gaps
• C)Implied trusts are implied by equity

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Definitions:

Restricting Type

A classification that describes a specific approach or feature within a broader category, often used in the context of dietary disorders where the individual limits intake.

Diabetes Insipidus

A rare condition characterized by intense thirst and the excretion of large amounts of dilute urine, unrelated to diabetes mellitus.

Gastroparesis

Gastroparesis is a medical condition where the stomach takes too long to empty its contents, often due to damage to the vagus nerve.

Type 2 DM

A chronic condition characterized by high blood sugar levels due to insulin resistance and/or a reduction in insulin production.