Express trusts Study guides, Revision notes & Summaries

1 BUSINESS LAW Final Exam Practice Questions 2 BUSINESS LAW – Bus 340 PRACTICE QUESTIONS The following practice questions, both the question type and content, are similar to the type and format of questions on the final exam. Please use them a study aid to prepare for the final exam. 1. In a civil lawsuit against Ellen, Fred obtains an injunction, which is: a. a remedy at law. b. an equitable remedy. c. not possible under our U.S. system of jurisprudence. d. none of the above...

Sample Questions - Trusts Question 1 Under the terms of a valid will, a woman appointed her son to hold her residuary estate on trust ‘for such promising young tennis players living in Wales and in such shares as [my son] thinks fit’. The woman was a past Chair of a tennis club and grew up in Cardiff. Her residuary estate was made up of money held in various UK bank accounts. The woman’s son asks a solicitor whether this trust is valid. The son wants to carry out the woman’s wishe...

NURS 350 Exam 3 Questions and Answers 100% Pass attention deficit hyperactivity disorder - Answer- Individuals with this disorder show an inappropriate degree of inattention, impulsiveness, and hyperactivity before the age of 12. autism spectrum disorders - Answer- Complex neurobiological and developmental disabilities that typically appear during a child's first 3 years of life communication disorders - Answer- Deficits in language skills acquisition that create impairments in academic ...

ACAMS Exam 344 Questions with Verified Answers 2 ways remittance services can foster ML - CORRECT ANSWER • Packages containing large cash sums and even drugs anonymously. • Another technique commonly used by money remitters and currency exchanges is for the broker to make the funds available to the criminal organization at the destination country in the local currency. 2 Ways to launder money in Real Estate - CORRECT ANSWER • By way of chain transactions in real estate to cloak th...

I. Split of Legal and Equitable Title a. Common law definition: fiduciary relationship in which one person (trustee) holds legal title to property for the benefit of another. b. Beneficiary can enforce the trust in equity, thus giving the beneficiary an equitable interest in the trust property. II. Express and Implied Trusts a. Express Trusts i. Created in express terms by a transfer of legal title to a trustee or by a declaration of trust. Declaration of trust is one in which the settlor...

NSG221.04.02.04 Grief therapeutic response - Therapeutic relationship and therapeutic communication skills (active listening) - Attentive presence, open body language (eye contact, facing client), assure confidentiality, refrain from judging or giving specific advice, allow client to share thoughts and feelings freely Dimensions (Responses) and Symptoms of the Grieving Client Cognitive responses Disruption of assumptions and beliefs Questioning and trying to make sense of the loss Attemp...

Florida Real Estate Final Exam Questions and Answers Latest Updated GradedA+. Can a new licensee specialize in the sale of farm and ranch property? a. Not until the licensee has at least five years of experience in agricultural real estate b. Not until the licensee passes additional courses in agricultural real estate c. Yes, a new licensee can specialize in agricultural real estate d. Yes, as long as the new licensee has a degree in agriculture c. Specialization doesn't require additiona...

Florida Real Estate Exam Questions With Complete Solutions Latest Rated A+. Samuel wants to do a 1031 exchange. He sold his investment property and has identified the property he'd like to buy next. Within how many days must he close on this property in order for it to qualify as part of the exchange? a. 180 b. 30 c.45 d.60 a. He has 45 days to identify a property he would like to purchase and 180 days to close on it, from time of sale. In which form of co-ownership is a person's owne...

Which of the following is a difference between communism and socialism, as described by the text? correct answer: b. Under communism, the government assumes total management of the economy, whereas under socialism, the government does not try to manage the overall economy. In a constitutional system, correct answer: b. there are lawful restrictions on a government's power. Which of the following is NOT one of the core values of American political culture? correct answer: c. cooperation...

True / False 1. A principal has the right to control an agent’s conduct in matters entrusted to the agent. a. True b. False ANSWER: True POINTS: 1 DIFFICULTY: Easy REFERENCES: Introduction LEARNING OBJECTIVES: LO - 1 NATIONAL STANDARDS: United States - BUSPROG - Analytic - Business knowledge and analytic skills LOCAL STANDARDS: United States - OH - Default City - AICPA Legal KEYWORDS: Bloom's: Knowledge 2. Through agents, a principal can conduct multipl...