A[n] ______ Trust Is a Type of Trust Created by a Court,not

question 41

Multiple Choice

A[n] ______ trust is a type of trust created by a court,not a settlor.

• A) Implied
• B) Untrue
• C) Limited
• D) Reduced
• E) Protection

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Definitions:

Executive Branch

The part of the government composed of the Queen acting through the prime minister, cabinet, deputy ministers, and government departments and officials; also known as the Crown.

Legislative Branch

The part of government empowered with enacting laws; Parliament and legislatures.

Judicial Branch

The part of the government composed of courts and officers of the court.

Limitation Periods

Statutorily established time frames within which a legal action must be brought, after which rights to assert claims could be lost.