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What Is a Trust Corpus

question 73

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What is a trust corpus?

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Definitions:

Unenforceable

A term applied to a contract that, because of a law, cannot be enforced by the courts.

False Information

The act of providing incorrect, untrue, or misleading details about something or someone, often with the intent to deceive.

Implied Ratification

The acceptance and endorsement of a previously unauthorized act by acting in a manner that recognizes it as valid or by failing to repudiate it.

Express Ratification

The explicit approval or confirmation of an act or contract that was initially unauthorized or in need of validation.

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