Which of the Following Statements Is True

question 1

Multiple Choice

Which of the following statements is true?

• A) A trustee is under a duty to act even-handedly between the beneficiaries of a discretionary trust when exercising a discretion.
• B) A trustee can act capriciously when exercising a discretion, provided that the trustee does not select a beneficiary outside the class.

---

Definitions:

Fossilized Remains

Preserved remnants or impressions of organisms from the past, embedded in rocks and sediments, essential for understanding Earth's biologic history.

Immediate Ancestors

The direct predecessors in a lineage, often referred to in the context of evolution or family genealogy.

Relatively Old Rock

A term describing rock formations that are geologically old, though younger than the oldest rocks, indicating a significant but not extreme geological age.

Convergent Evolution

The process where unrelated organisms independently evolve similar traits as a result of having to adapt to similar environments or ecological niches.