Regarding a Trust,which of the Following Is a False Statement

question 25

Multiple Choice

Regarding a trust,which of the following is a false statement?

• A)A trust may be created to protect a pet.
• B)Interest may be generated by a trust.
• C)Income may be paid to a person identified as an income beneficiary.
• D)A person entitled to income must be the person entitled to the trust corpus.
• E)A trust may be created for tax reasons.

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Definitions:

Heritability Rate

A measure of how much of the variation in a trait among individuals can be attributed to genetic differences.

Attributional Style

The way in which one is disposed toward interpreting outcomes (successes or failures), as in tending to place blame or responsibility on oneself or on external factors.

Monozygotic

Pertaining to twins that are genetically identical because they were conceived from a single fertilized egg.

School Phobia

A strong fear or dread of going to school, often resulting in physical symptoms and anxiety.