Which of the following statements most accurately explains the general powers of investment conferred upon trustees of a trust? (Think carefully before selecting an answer) .
A) Trustees are limited to making low risk investments.
B) Trustees may only make investments according to an approved statutory list of investments.
C) Trustees may make high or low risk investments in the interest of the trust, provided they take expert advice and take responsibility for ensuring that the investments are properly balanced.
D) Trustees may make any investment they wish, risky or otherwise, if they consider it to be in the best interests of the trust to do so.
Correct Answer:
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