Planning for Family Business Assets Quiz
Quiz Summary
0 of 5 Questions completed
Questions:
Information
You have already completed the quiz before. Hence you can not start it again.
Quiz is loading…
You must sign in or sign up to start the quiz.
You must first complete the following:
Results
Results
0 of 5 Questions answered correctly
Your time:
Time has elapsed
You have reached 0 of 0 point(s), (0)
Earned Point(s): 0 of 0, (0)
0 Essay(s) Pending (Possible Point(s): 0)
Categories
- Not categorized 0%
- 1
- 2
- 3
- 4
- 5
- Current
- Review
- Answered
- Correct
- Incorrect
-
Question 1 of 5
1. Question
A trustee has a duty to act as a prudent investor.
CorrectIncorrect -
Question 2 of 5
2. Question
The business judgement is more stringent when compared to fiduciary duties.
CorrectIncorrect -
Question 3 of 5
3. Question
The fiduciary responsibility of a trustee in voting a control block is lower than where he holds only a small fraction of the shares.
CorrectIncorrect -
Question 4 of 5
4. Question
According to the Uniform Trust Code, the trustee has a duty of loyalty to administer the trust solely in the interests of the beneficiaries.
CorrectIncorrect -
Question 5 of 5
5. Question
The duty to inform and report states that the trustee has a duty to disclose information to the beneficiary and the specifications can vary from state to state.
CorrectIncorrect