A trust is a:
a. form of property ownership created by the common law that separates the legal and beneficial ownership of property
b. form of property ownership created by the tort law that separates the legal and beneficial ownership of property
c. form of property ownership created by the common law that combines the legal and beneficial ownership of property
d. form of property ownership created by the common law that prevents people from stealing inheritance money from their co-inheritors
e. none of the other choices are correct
a
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Which of the following statements is true of the obvious danger rule in the context of product liability?
A. It holds that the unmistakable presence of danger is a factor in determining liability. B. Traditionally, middlemen had a duty to warn customers of obvious dangers. C. A manufacturer need not issue a warning even after learning that the product is dangerous. D. It has to be implemented more frequently in order to be effective.
All of the following are considered institutions EXCEPT:
Describe the strategy of using reminders and attention focusers as world-altering behavior-focused strategies. How has that strategy helped to effectively manage time and priorities?
What will be an ideal response?
Which of the following is true of a share exchange?
A) The subsidiary corporation ceases to exist after the share exchange. B) The legal existence of both corporations is retained after the exchange. C) The shares of both parent and subsidiary corporations are divided equally between themselves. D) The subsidiary corporation can have a maximum of three shareholders in the exchange.