A trust is not extinguished
A. When its purpose is completely fulfilled
B. When its purpose becomes unlawful
C. When the trust being revocable is expressly revoked
D. While the trustees have transferred their interests
Answer: Option D
Which one of the following is not necessary for the creation of trust?
A. The author of trust
B. Trustee
C. Legal representative
D. Beneficiary
A. In rem
B. In personam
C. In rem in general but in personam in exceptional cases
D. In rem in exceptional cases but in personam in general
Trustees may be appointed except
A. Under a power contained in the instrument of trust
B. By the consent of the beneficiary
C. By the Court
D. Under a statutory power
The Indian Trust Act shall apply to
A. The law relating to private trusts and trustees
B. Mutual relations of the members of an undivided family
C. Public or private religious or charitable endowments
D. Trusts to distribute prizes taken in war among the captors
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