What is a trust?

Students were inquired to answer a question at schools and to declare what is most important for them to succeed. From the numerous comments, the one which that stood out was practice. People who are definitely successful do not become successful by being born. They work hard and determination their lives to succeeding. This is how you can get your goals. right below some question and answer examples that you would certainly use to enhance your knowledge and gain insight that will help you to continue your school studies.

Question:

What is a trust?

A. a large company that consists of two merged businesses
B. multiple businesses that combine and operate in one state
C. a business that buys another business
D. a large company or combined businesses that control a specific market

Answer:

The correct answer is D) a large company or combined businesses that control a specific market.

A trust is a large company or combined businesses that control a specific market.

In financial terms, a trust is one of many options to manage your finances and create wealth. A trust is a fiduciary arrangement in which a trustee operates assets with the permission of the beneficiaries. This way, the beneficiaries choose what to do with the assets and how they have access to the benefits. There are some kinds of trusts such as the Type “A” trust, the Charitable trust, or the Credit Shelter trust.

They would certainly hopefully assist the student answer the question by applying the questions and answer examples. You may then have a discussion with your classmate and continue the school learning by studying the question alongside one another.

READ MORE  How has government regulation of public lands affected the environment?

Leave a Reply

Your email address will not be published.