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A Trust Is a Legal Entity Whose Purpose Is to Hold

question 35

True/False

A trust is a legal entity whose purpose is to hold and administer property for beneficiaries.


Definitions:

External Locus of Control

The belief that one's life events are largely determined by external forces or fate rather than one's own personal actions or efforts.

Internals

Individuals who believe they have control over the events in their lives, as opposed to feeling controlled by external forces.

Physical Health Differences

Variabilities in physical wellbeing among individuals due to genetic, environmental, and lifestyle factors.

Wear Seat Belts

A safety measure that involves securing oneself in a vehicle with a strap to minimize injuries in the event of a crash.

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