First Principles of Business Law
Business organisations in Australia

4. Trusts

Question 3. Who owns the property that is vested in a trust?

 

 

 

Read the statements below and select the best one.

(a) The beneficiaries of the trust are the owners of the property that is vested in a trust.

(b) The trustee is the owner of the property that is vested in a trust.

(c) The trust itself owns the property that is vested in a trust.

(d) The ownership rights to property vested in a trust are split between the trustee and the beneficaries.

 

 

 

 

 

 

 

  
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