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IIA

IIA-CFSA · Question #456

Which one of the following is not commonly granted trustee's powers?

The correct answer is C. Those pertaining to make dealings. See the full explanation below for the reasoning.

Question

Which one of the following is not commonly granted trustee’s powers?

Options

  • APertaining to the retention, purchase and sale of assets
  • BThose pertaining to distributions of principal
  • CThose pertaining to make dealings
  • DNone of these

How the community answered

(34 responses)
  • A
    6% (2)
  • B
    15% (5)
  • C
    76% (26)
  • D
    3% (1)

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