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AAFM Exam CTEP Topic 5 Question 55 Discussion

Actual exam question for AAFM's CTEP exam
Question #: 55
Topic #: 5
[All CTEP Questions]

As per ______________ of the Indian Trust Act, the subject matter of a trust must be properly transferable to the beneficiary.

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Suggested Answer: A

by Karl at Oct 22, 2024, 05:51 AM

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Ricarda
1 months ago
Definitely Section 3. That's the section that deals with the requirements for a valid trust, and the subject matter of the trust is a key part of that.
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Elmer
9 days ago
I think you're right, Section 3 does cover the requirements for a valid trust.
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Lashon
2 months ago
Ha! The Indian Trust Act, huh? Sounds like a real snooze-fest. But hey, if you want to impress the examiners, go with Section 8. It's the most obscure one, so they'll think you're a real legal eagle.
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Justa
29 days ago
I agree, Section 8 sounds impressive.
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Twanna
1 months ago
I'm not sure, maybe Section 5 would be safer?
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Joseph
2 months ago
I think Section 8 is the way to go.
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Leonora
2 months ago
I'm not too familiar with the Indian Trust Act, but based on the wording of the question, I think Section 5 might be the correct answer. It's talking about the 'subject matter of a trust', which sounds like it could be related to that section.
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Mignon
9 days ago
I agree with you, Section 5 seems like the correct answer.
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Dyan
10 days ago
No, I think it's Section 1.
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Annelle
16 days ago
I'm not sure, maybe Section 3?
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Magda
2 months ago
I think it might be Section 5.
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Youlanda
2 months ago
Why do you think it's Section 5?
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Daniela
2 months ago
I disagree, I believe it's Section 5.
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Youlanda
2 months ago
I think the answer is Section 3.
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Colette
2 months ago
Section 3 seems like the most relevant one here. The question is specifically asking about the Indian Trust Act, so that's the section we should be looking at.
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Melodie
19 days ago
Exactly, that's why Section 3 is the most relevant in this case.
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Sherell
20 days ago
So, the subject matter must be properly transferable to the beneficiary.
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Olene
21 days ago
Yeah, I agree. Section 3 is about the subject matter of a trust.
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Keva
2 months ago
I think Section 3 is the correct one.
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