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Which of the following is an incorrect statement concerning trusts?
swizznit3
swizznit3
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Which of the following is an incorrect statement concerning trusts?
Which of the following is an incorrect statement concerning trusts?
A) The trustee has legal title to the corpus.
B) The beneficiary has equitable title to or beneficial interest in the corpus.
C) Generally, a beneficiary may not transfer his or her interest in the trust.
D) A trustee cannot delegate the performance of personal duties.
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