The Objectives of Personal Trusts Normally Are __________ in Scope

question 50

Multiple Choice

The objectives of personal trusts normally are __________ in scope than those of individual investors, and personal trust managers typically are __________ than individual investors.

• A) broader; more risk averse
• B) broader; less risk averse
• C) more limited; more risk averse
• D) more limited; less risk averse

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Definitions:

Convicted

The formal declaration that someone is guilty of a criminal offense, made by the verdict of a jury or the decision of a judge.

Gang Members

Individuals who are part of an organized group known for committing criminal activities and occupying certain territories or social spaces.

Criminal Acts

Actions that are in violation of the laws of a society and are punishable by that society through its legal systems.

Societies

Are collectivities of interacting people who share a culture and, usually, a territory.