Which of the Following Statements Is False

question 4

Multiple Choice

Which of the following statements is false?

• A) In a fixed trust the interests of the beneficiaries have already been defined by the settlor.
• B) A trust in favour of 'such of my children who survive me' is an example of a fixed trust.
• C) A trust in favour of 'Rufus Stone and Michael Heath in such proportions as my trustees shall decide' is an example of a fixed trust because the names of the beneficiaries have already been identified.
• D) A lottery syndicate where members share any winnings in proportion to the size of the stake they have contributed is an example of a fixed trust.

Comprehend the concept of software as instructions for processing information.

Identify various IT positions and understand their attractiveness based on personal ambition and industry demand.

Understand the structure and purpose of databases.

Understand the basics of networking and its importance in connecting computers to share resources.

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Definitions:

Market

An area or arena in which commercial dealings are conducted.

Pricing Objectives

Pricing objectives are the goals a company aims to achieve through its pricing strategies, such as maximizing profit, increasing market share, or targeting a specific market segment.

Components

Fundamental parts or elements that combine to form a complex system, mechanism, or product.

Horizontal Price Fixing

Horizontal price fixing occurs when companies at the same level of the supply chain agree to set prices or other market conditions, reducing competition.