Which of the following is the most accurate statement?
A) The power to invest applies automatically to all trusts.
B) The power to invest applies only to trusts which contain an express power to this effect.
C) The power to invest applies only to trusts which already have some investments.
D) Whether there is a power to invest depends upon the nature and purpose of the trust concerned.
Correct Answer:
Verified
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Q10: Which of the following statements is false?
A)
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