Which of the Following Is NOT a Requirement for the Creation

question 14

Multiple Choice

Which of the following is NOT a requirement for the creation of a trust?

• A)A trustee.
• B)A beneficiary.
• C)A trust deed.
• D)Trust property.

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Definitions:

Beliefs

Convictions or acceptances that something exists or is true, especially without proof, forming the basis of faiths or customs.

Likert Scales

A psychometric scale commonly used in questionnaires to measure attitudes, typically consisting of a series of statements that respondents may agree or disagree with.

Strongly Agree

An expression used to indicate complete alignment or concurrence with a statement or viewpoint.

Continuum

A continuous sequence in which adjacent elements are not perceptibly different, but the extremes are quite distinct.