Which One or More of the Following Statements About the Beneficiary

question 2

Multiple Choice

Which one or more of the following statements about the beneficiary principle is true?

• A) Every trust, without exception, must have immediately identifiable beneficiaries who can enforce the trust .
• B) A trust to look after a named pet is valid because it is well known that people who care for animals are also caring in relation to other human beings, so there is a public benefit.
• C) Trusts for purposes will be valid, even if there are no human beneficiaries, provided that the purpose is defined with sufficient clarity to enable the court to compel its performance.
• D) Even if a trust has human beneficiaries, the trust may fail for other reasons.

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Definitions:

Compa-ratio

A metric used to evaluate an employee's pay relative to the midpoint of their pay range, indicating how compensation compares to market or organizational standards.

Central Tendency

A statistical measure that identifies a single value as representative of an entire distribution of data, typically the mean, median, or mode.

Data Aging

The process by which data becomes outdated or less relevant over time, often due to changes in context or the emergence of more current information.

Pay Equity

The concept that employees should receive equal pay for work of equal value regardless of gender, ethnicity, or other non-performance-related factors.