Which Are the Three Certainties That Are Necessary for the Creation

question 22

Multiple Choice

Which are the three certainties that are necessary for the creation of an express trust?

• A)Intention to create a trust,agreement and consideration.
• B)Intention to create a trust,plus certainty of the identity of the property and beneficiaries.
• C)Intention to create a trust,consent of the beneficiaries and agreement of the trustee.
• D)Consideration,knowledge on the part of the beneficiaries and certainty of duration.

Understand the concept of open interest and its significance in the futures market.

Analyze the advantages and limitations of futures contracts over other financial instruments like forward contracts.

Grasp the operational aspects of futures trading, including margin requirements, daily settlement, and regulatory oversight.

Recognize the reasons and strategies behind the use of synthetic stock positions and other derivatives in trading and risk management.

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Definitions:

Heavy Alcohol Intake

Consumption of alcohol above recommended levels, increasing the risk of health problems.

Cigarette Smoking

The inhalation of smoke from burning tobacco encased in cigarettes, a practice linked to various health risks including cancer and cardiovascular diseases.

Orthostatic Hypotension

A form of low blood pressure that happens when you stand up from sitting or lying down, causing dizziness or lightheadedness.

Shock/Hypotension

A medical condition in which blood pressure drops to dangerously low levels, impairing blood flow to organs.