A Simple Trust

question 15

Multiple Choice

A simple trust

• A)may make charitable distributions.
• B)may make discretionary distributions of principal.
• C)may accumulate income.
• D)is required to distribute all of its income currently.

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Definitions:

Accepting Disposition

Accepting disposition characterizes a person's general willingness to receive and tolerate different thoughts, behaviors, or situations without judgment.

Reading Approach

The strategy or method adopted for learning to read or enhancing reading skills.

Phonetic-fluency Approach

A method in language learning focusing on the ability to recognize and produce the sounds of a language accurately.