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Which of the Following Is Most Likely to Breach One

Question 54

Multiple Choice

Which of the following is most likely to breach one of the trustee's fiduciary duties?


A) Selling stock owned by the trust to realize capital gains.
B) Selling stock owned by the trust because it has declined in value over the last three years.
C) Delegating the selection of trust investments to an investment advisor.
D) Delegating the preparation of statements of account to an accountant.

Correct Answer:

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