Which of the Following Is an Incorrect Statement Concerning Trusts

question 19

Multiple Choice

Which of the following is an incorrect statement concerning trusts?

• A) The trustee has legal title to the corpus.
• B) The beneficiary has equitable title to or beneficial interest in the corpus.
• C) Generally, a beneficiary may not transfer his or her interest in the trust.
• D) A trustee cannot delegate the performance of personal duties.

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Definitions:

Rigid Stance

A firm or inflexible position or opinion on a particular subject, showing little to no willingness to change.

Opening Statement

The initial remarks of an argument, presentation, or legal trial, aimed at providing an overview or setting the context.

Presentation

A structured delivery of information to an audience, often involving visual aids or speeches to convey messages.

Virtual Presentation

A presentation made and delivered via digital platforms, often involving slides, videos, and live streaming.