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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