Which of the Following Statements About the Vesting of a Beneficiary's

question 84

Multiple Choice

Which of the following statements about the vesting of a beneficiary's rights is false?

• A)Courts have held that there is a point at which the rights of the beneficiary vest.
• B)A modification or discharge that occurs after the beneficiary's rights have vested cannot be asserted as a defense to a suit brought by the beneficiary.
• C)A provision of the contract between the promisor and the promisee stating that the duty to the beneficiary cannot be modified would be effective to prevent modification.
• D)The exact time at which the beneficiary's rights vests is identical in every jurisdiction.

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Definitions:

Access

The ability or right to enter, approach, or use; availability.

Communication

The act of transferring information from one place, person or group to another through the use of mutually understood signs, symbols, or language.

Psychological Size

Psychological size describes the perceived influence or impact of an individual's personality or presence on others.

Perceived Importance

The level of significance or value that an individual assigns to a topic, object, or idea, based on personal judgment or perspective.