What Is a Trust Corpus

question 73

Multiple Choice

What is a trust corpus?

• A) property and assets that are claimed in case of intestacy
• B) property and assets that the trustee has an equitable right to
• C) property and assets escheated to the government in the absence of a trustee
• D) property and assets held in trust to be used for the benefit of a third person

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Definitions:

Non-servo Drum Brake

A type of drum brake system that relies on a simpler mechanism without servo action, often found in older or less complex vehicles.

Leading Shoe

A component of drum brake systems, it refers to the brake shoe positioned towards the front of the vehicle that comes into contact with the brake drum first when brakes are applied.

Energized

Describes an electrical component that is carrying current or a system that is under power.

Disc/drum Hydraulic Brake

A type of brake system that uses hydraulic fluid to press brake pads against a disc or shoes against a drum to slow or stop a vehicle.