Which of the Following Statement Best Describes What Is Meant

question 8

Multiple Choice

Which of the following statement best describes what is meant by 'constitution' of a trust?

• A) The trust is properly created.
• B) It refers to the different property and beneficial entitlements that make up the trust.
• C) It simply describes the situation which allows the beneficiaries a right of action to enforce their beneficial entitlements under the trust.
• D) Title is properly vested in the trustees, so that the settlor is no longer entitled to the property as owner.

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Definitions:

NPV

Net Present Value represents a technique for assessing the profitability of a project or investment, utilized in the process of capital budgeting.

Cash Flow

The total amount of money being transferred into and out of a business, capturing the company's operational, investing, and financing activities.

Cost Of Capital

The minimum return rate a company needs to achieve on its investments to preserve its market valuation and draw in financing.

Cash Flow

The total sum of cash and cash-like assets moving in and out of a company.