In order for a trust to be created, who must be able to hold legal title?

A) the beneficiary only
B) the trustee only
C) either the beneficiary or the trustee
D) both the beneficiary and the trustee


B

Business

You might also like to view...

Good habits leave a trace, which builds good character over time.

What will be an ideal response?

Business

The biggest challenge in computing the total cost per unit of a product is determining the amount of overhead cost that should be assigned to each unit.

Answer the following statement true (T) or false (F)

Business

Which of the following is not a remedy available to an unpaid seller against the buyer?

a. Recovery of the price. b. Cover and sue for damages. c. Recovery of incidental damages. d. Cancellation of the contract.

Business

Solving a linear programming problem with the iso-profit line solution method requires that we move the iso-profit line to each corner of the feasible region until the optimum is identified

Indicate whether the statement is true or false

Business