Question

What is a trust?

A) a large company that consists of two merged businesses
B) multiple businesses that combine and operate in one state
C) a business that buys another business
D) a large company or combined businesses that control a specific market

Answer 1

the answer is B
A trust is a three-party fiduciary relationship in which the first party, the trustor or settlor, transfers a property upon the second party for the benefit of the third party, the beneficiary.