Which of the following statements is most accurate?

Question

Quizplus · Accepted Answer

The powers of trustees can indeed vary significantly depending on the type of trust, statutory provisions, and the trust's provisions. This means that not all trustees have the same management powers. A is incorrect because not all trustees have the same powers, and B is also incorrect because trusts of land may not necessarily confer the same management powers as other trusts. D is also incorrect because statutory powers of management can be limited or excluded by express terms in some cases.

Which of the Following Statements Is Most Accurate