Which judicial remedy can a beneficiary use to be compensated monetarily (either directly or through the trust) for a trustee's breach of trust?
A) Civil lawsuit to compel the trustee to reimburse the trust for any loss or depreciation in value of the trust property
B) Removal of the trustee and appointment of a new trustee
C) An injunction to compel the trustee to do or refrain from doing the act that would constitute the breach of trust
D) Suing for specific performance
Correct Answer:
Verified
Q20: A single trust may have only one
Q21: Which duty prohibits a trustee from personally
Q22: Which is an example of remainder beneficiary
Q23: The court may appoint or replace a
Q24: Which is NOT considered valid grounds for
Q25: Which is NOT an essential element of
Q26: Which is NOT a trustee's duty?
A)Duty to
Q27: Which is an invalid trust combination?
A)The settlor,
Q28: To be a settlor, a person must
Q30: The trustee in the trust instrument is
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