Mary wants to be able to take care of her sons when she is away.She decides to give an amount of money to a friend,Melanie,with the instructions that she is to use that money to care for the children when she is away.Melanie is called a ________ and the children are called ________.
A)guardian; trustees
B)caretaker; trustees
C)money caretaker; beneficiaries
D)trustee; beneficiaries
E)constructive trust; beneficiaries

Question

Quizplus · Accepted Answer

Melanie is acting as a trustee, as she has been given specific instructions on what to do with the money. The children are beneficiaries, as they will be benefiting from the care provided by Melanie using the funds given by Mary.

Mary Wants to Be Able to Take Care of Her