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Choose the correct answer (1) A trustee may also be a...

This question belongs to Law Indian Trusts Act
Indian Trusts Act
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Choose the correct answer
(1) A trustee may also be a beneficiary and can be the sole beneficiary
(2) A trustee may also be a beneficiary, but cannot be the sole beneficiary
(3) A donor may also constitute himself a trustee, and though remaining in possession, may transfer legal possession by declaring his possession as donee's.
(4) A donor may also constitute himself a trustee, and though remaining in possession, cannot transfer legal possession by declaring his possession as donee's.

Answer & Solution
Correct Answer: Option C
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