Which of the Following Statements Is Most Accurate

question 9

Multiple Choice

Which of the following statements is most accurate?

• A) All trustees have the same powers of management.
• B) Trusts of land are different, but all other trusts confer the same management powers on trustees.
• C) The powers of trustees can vary considerably from trust to trust, depending upon the type of trust, the relevant statutory provisions, and the provisions of the trust instrument.
• D) Statutory powers of management can never be varied or excluded by express terms.

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Definitions:

Constitution

The fundamental principles and established precedents according to which a state or other organization is governed.

Tyranny

The oppressive and cruel use of power by a ruler or governing body, often without the consent of the governed.

Shays' Rebellion

An armed uprising in Western Massachusetts in 1786-1787, led by Daniel Shays, protesting fiscal policies and perceived economic injustices.

Debt-Ridden Farmers

Farmers who are heavily burdened with debt, often as a result of loans taken out to cover the costs of farming operations.