The trust should be one established in accordance with law and its objects should fall within the definition of the term ………….
A)charitable purposes
B)work purpose
C)assessment purposes
D)to earn profit purpose

Question

Quizplus · Accepted Answer

The term "charitable purposes" is correct because trusts established for charitable purposes are recognized under law for their public benefit nature, unlike the other options which do not align with the legal definition of purposes for which a trust can be established.

The Trust Should Be One Established in Accordance with Law