Which of the Following Is False Regarding Trusts

question 25

Multiple Choice

Which of the following is false regarding trusts?

• A) A settlor may revoke a trust at any time.
• B) Settlors may create trusts to prevent individuals from getting access to certain assets.
• C) Trusts may be set up to make "awards" to family members who make significant contributions in certain fields, such as education, science, law, or medicine.
• D) A trust document may state that the trust will terminate when an event happens, such as when the remainderman reaches a certain age.
• E) A court can place assets of a partnership in a constructive trust if it discovers that one partner is engaging in fraudulent or unconscionable conduct that might negatively affect the interests of another partner.

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Definitions:

Zone of Proximal Development

A concept in education and psychology referring to the difference between what a learner can do without help and what they can achieve with guidance.

Challenging Tasks

Tasks or activities that require significant effort and skill beyond current capabilities, promoting learning and development.

Sensitive Periods

Specific times during early childhood development when the human brain is particularly receptive to acquiring certain skills or knowledge.

Irreversibility

A cognitive stage in early childhood development when children cannot understand that certain actions or processes can be undone or reversed to return to their original state.