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In the Case of in the Matter of the Estate

Question 63

Multiple Choice

In the case of In the Matter of the Estate of Rowe, the court found:


A) the trustee should have followed the "Prudent Investor" rule by using a balanced and diversified approach to managing trust assets.
B) undue influence may justify a constructive trust.
C) the courts cannot engage in an analysis of a trustee's actions in light of the history of each individual investment.
D) a trustee cannot be found to have been imprudent for losses resulting from mere negligence.

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