Which of the Following Is False a Trust

question 14

Multiple Choice

Which of the following is false a trust?

• A) Interest may be generated by a trust.
• B) Income may be paid to a person identified as an income beneficiary.
• C) A person entitled to income must be the person entitled to the trust corpus.
• D) A trust may be created to protect a pet.
• E) A trust may be created for tax reasons.

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Definitions:

Birds

A group of endothermic vertebrates characterized by feathers, beaks without teeth, laying of hard-shelled eggs, a high metabolic rate, a four-chambered heart, and a strong yet lightweight skeleton.

Amniote

Vertebrate whose egg has waterproof membranes that allow the embryo to develop away from water; a reptile, bird, or mammal.

Amphibians

Cold-blooded vertebrates that typically begin life in water with gills and metamorphose, developing lungs to live both in water and on land.

Carnivores

Organisms that primarily eat meat, typically animals that have adaptations for hunting and consuming other organisms.