Which of the Following Is an Accurate Description of a Constructive

question 4

Multiple Choice

Which of the following is an accurate description of a constructive implied trust?

• A)The trustee has the power to choose the beneficiaries and the amounts to be paid to them.
• B)The parties clearly intended to create a trust,but did not express that intention.
• C)Each beneficiary is identified in the trust deed and has an equal share in the trust.
• D)A person has become the legal owner of property as the result of a breach of fiduciary duty.

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Definitions:

Formula Assigned

Refers to the specific equation set to calculate values in spreadsheet cells, involving mathematical operations and cell references.

Active Cell

The currently selected cell in a spreadsheet, where data entry or editing can be performed.

Formula AutoComplete

A feature in spreadsheet software that predicts and suggests formulas as the user starts typing, aiming to speed up data entry.

Function Name

The identifier given to a specific function in programming, which can be called to execute the series of statements within it.