A Distinguishing Feature Between the Making of an Inter Vivos

question 20

Multiple Choice

A distinguishing feature between the making of an inter vivos gift and the creation of a trust is that:

• A) a gift may be made orally whereas a trust must be in a signed writing.
• B) a gift is irrevocable whereas a trust may be revoked in certain cases.
• C) in order to create a valid trust,the creator must receive some form of consideration.
• D) the beneficiary of a trust must be notified of the trust's creation.

---

Definitions:

Risk-taking

Engaging in actions that expose one to the possibility of loss, failure, or harm in hopes of achieving a desired outcome.

Pelvic Inflammatory Disease

An infection of the female reproductive organs, often caused by sexually transmitted bacteria, leading to symptoms like pelvic pain and fever.

Chlamydia

A common sexually transmitted infection caused by the bacterium Chlamydia trachomatis, often asymptomatic but can lead to serious reproductive issues.

Gonorrhea

A sexually transmitted infection caused by the bacterium Neisseria gonorrhoeae, characterized by painful urination and discharge.