A Distinguishing Feature Between the Making of an Inter Vivos

question 77

Multiple Choice

A distinguishing feature between the making of an inter vivos gift and the creation of a trust is that:

• A)a gift may be made orally whereas a trust must be in a signed writing.
• B)a gift is irrevocable whereas a trust may be revoked in certain cases.
• C)to create a valid trust,the creator must receive some form of consideration.
• D)the beneficiary of a trust must be notified of the trust's creation.

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Definitions:

Spindle Microtubules

Protein fibers that form a spindle apparatus during cell division, playing a key role in chromosome movement and segregation.

Oncogene

A gene that has the potential to cause cancer, usually by being mutated or expressed at high levels.

Tumor Cell

A cell that has undergone genetic changes enabling it to divide uncontrollably and possibly lead to cancer.