Examlex

Solved

The Time a Person Wakes Up in the Morning Has

question 90

Multiple Choice

The time a person wakes up in the morning has been shown to be a good predictor of the time the person goes to bed.Wake up time is best described as having


Definitions:

Settlor

A settlor is the person who creates a trust by transferring assets into it, setting the terms and electing trustees to manage the trust assets for the benefit of the beneficiaries.

Creates

Refers to the act of bringing something into existence or producing something through a process.

Trust

A fiduciary arrangement that allows a third party, or trustee, to hold assets on behalf of a beneficiary or beneficiaries.

Implied Trust

A trust formed by the law from the conduct or circumstances of the parties involved, rather than by explicit written agreement.

Related Questions