AAFM Exam CTEP Topic 1 Question 57 Discussion

Actual exam question for AAFM's CTEP exam

Question #: 57
Topic #: 1

[All CTEP Questions]

A trustee commuting a breach of trust not liable to pay interest except

A(i) & (ii)

B(ii) & (iii)

COnly (ii)

DAll of the above

Show Suggested Answer

Suggested Answer: B

by Nieves at Dec 06, 2024, 01:46 AM

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Remona

1 months ago

As a professional trustee, I can tell you that the answer is always 'pay more interest.' Just sayin'.

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Lea

2 months ago

Ah, the joys of trustee law. I'm going to go with C) Only (ii) on this one. Hopefully, the exam gods are feeling merciful today.

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Yuriko

17 days ago

Let's hope for the best, maybe we'll both get lucky with our choices.

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Edna

20 days ago

I'm not so sure, I'm leaning towards D) All of the above.

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Trevor

23 days ago

I think you're right, C) Only (ii) seems like the correct answer.

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Stephaine

2 months ago

Haha, this reminds me of that time my trustee tried to commute a breach with a pack of gum and a rubber band. Classic. Anyway, I'm going with C) Only (ii).

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Ligia

2 months ago

Hmm, I'm torn between B) (ii) & (iii) and C) Only (ii). Gotta love these ambiguous legal questions, right?

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Galen

20 days ago

Yeah, I'm leaning towards C) Only (ii) as well.

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Nguyet

21 days ago

I agree, it seems like the most logical choice.

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Brandon

1 months ago

I think it's C) Only (ii).

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Rodolfo

2 months ago

This is a tricky one. I think the answer is C) Only (ii), but I'm not entirely sure. Gonna have to review the rules on trustee liability.

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Dacia

6 days ago

Good idea, we don't want to get this wrong

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Buck

8 days ago

Let's double check the rules just to be sure

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Brittney

13 days ago

I agree, it seems like the most logical choice

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Tamie

1 months ago

I think the answer is C) Only (ii)

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Kimberely

1 months ago

User2: Yeah, I agree. We should review the rules on trustee liability to be sure.

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Maricela

2 months ago

User1: I think the answer is C) Only (ii).

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Kasandra

2 months ago

I'm not sure, but I think D) All of the above could also be correct, as it covers all possibilities

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Linette

3 months ago

I agree with Daryl, because the trustee should only pay interest for breaches related to (ii) & (iii)

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Daryl

3 months ago

I think the answer is B) (ii) & (iii)

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