A trust involves the transfer of assets to a third party who manages these assets for a beneficiary
Indicate whether the statement is true or false.
Answer: TRUE
You might also like to view...
When a nation refuses to accept the judgment against it made by the International Court of Justice, the plaintiff nation can seek recourse through the ________
A) International Law Commission B) Permanent Court of International Justice C) United Nations Security Council D) World Bank Investment Dispute Settlement Center
Which of the following features are present at the ecosystem level?
A. energy flow that begins at the producer level B. All are features of an ecosystem. C. complex interactions between a variety of populations D. chemical cycling through the food chain E. input of solar energy
A redundant constraint is eliminated from a linear programming model. What effect will this have on the optimal solution?
A) feasible region will decrease in size B) feasible region will increase in size C) a decrease in objective function value D) an increase in objective function value E) no change
The person to whom an insurance promise is made is called: ______
A) the insured. B)the insurer. C)the broker. D)the agent.