Which of the Following Is a Typical Duty of a Trustee

question 73

Multiple Choice

Which of the following is a typical duty of a trustee?

• A)Take title to the assets belonging to the entity.
• B)File the entity's tax returns.
• C)Invest the assets that comprise the corpus of the entity.
• D)Distribute trust income of the beneficiaries in accordance with the provisions of the trust instrument.
• E)All of the above.

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Definitions:

Emotional Labor

The management of one's emotions to display the appropriate feelings for a job, often seen in service-oriented professions.

Job Demands

The range of physical, mental, social, and organizational aspects of a job that require sustained effort and skills.

Hypothetical Constructs

Abstract concepts or theories that are utilized to describe or explain behaviors and phenomena, but which are not directly observable.

Attitudes

A learned tendency to evaluate things in a certain way, which can include people, issues, objects, or events.