Usually, Express Trusts Are Written and Are Called Trust Instruments

question 27

True/False

Usually, express trusts are written and are called trust instruments or agreements.

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Definitions:

Max Weber

A German sociologist, philosopher, and political economist known for his theory on the structure of authority and his analysis of bureaucracy.

Performance Deficiencies

Situations where an individual's or organization's performance falls below an established standard or expectation.

Psychological Deficiency

A lack or shortage in psychological wellbeing, possibly related to cognitive, emotional, or social aspects of a person's life.

Need

A requirement necessary for people or organizations to achieve a desired state or outcome.