1)If I have been told that I will be a beneficiary under a trust, but it is not certain as to how much I will receive when the property is distributed, I am likely to be subject to what type/s of trust? Select one: a

1)If I have been told that I will be a beneficiary under a trust, but it is not certain as to how much I will receive when the property is distributed, I am likely to be subject to what type/s of trust?

Select one:

a. Either a Unit Trust or a Discretionary Trust.  

b. A Fixed Trust

c. A Unit Trust

d. A Discretionary Trust

2. The board of directors does not have responsibility over which of the following areas

a. Financial decisions such as issuing shares of stock or bonds.

b.The appointment, supervision, and removal of corporate officers c

c. The appointment, supervision, and removal of all corporate employees.

d. The declaration and payment of corporate dividends.

3. Which of the following is not among the rights of corporate directors?

a . The right of participation

b. The right to inspect books,

C ine right to be indemnified for legal costs judaments defending corporation related suites

d. The right to retribution