Gabriella is a beneficiary of a business trust.As a beneficiary,she is required to

Question

Quizplus · Accepted Answer

As a beneficiary of a business trust, Gabriella is not required to distribute the trust's profits or assume responsibility for its debts. These responsibilities lie with the trustee of the trust. Gabriella also does not need to draft a written trust agreement as this is the responsibility of the trustee and the trust's legal team. Therefore, the correct answer is D – none of the choices.

Gabriella Is a Beneficiary of a Business Trust