American College Exam HS330 Topic 1 Question 20 Discussion

Actual exam question for American College's HS330 exam

Question #: 20
Topic #: 1

Which of the following statements concerning estates and trusts is (are) correct?

l. Both estates and trusts come into being by operation of law.

II. The personal representative of an estate and the trustee have similar fiduciary responsibilities.

AI only

BII only

CBoth l and II

DNeither I nor II

Show Suggested Answer

Suggested Answer: B

by Gertude at May 03, 2022, 10:06 AM

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