A Trust Will Fail for Lack Of

question 42

Multiple Choice

A trust will fail for lack of:

• A)consideration.
• B)a trustee.
• C)definite and specific property forming the trust corpus.
• D)All of the above.

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Definitions:

Lawful and Orderly

Characterizes behavior or systems that operate according to established laws or regulations, ensuring predictability and stability.

Predictable Behavior

Actions or reactions that can be expected based on previous patterns or known psychological principles.

Unconscious Mind

A part of the mind that is not accessible to the conscious mind but influences thoughts, behaviors, and feelings.

Basic Innate Unit

A fundamental component or aspect of something that is inherent and not acquired from the environment.