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    Essentials of Business Law and the Legal Environment Study Set 1
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    Exam 50: Trusts and Wills
  5. Question
    A Trust Created by Will and Effective After the Death
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A Trust Created by Will and Effective After the Death

Question 24

Question 24

Multiple Choice

A trust created by will and effective after the death of a testator is called a(n) :


A) inter vivos trust.
B) testamentary trust.
C) cy pres trust.
D) charitable trust.

Correct Answer:

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