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Vce CTEP Questions Latest

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Total 472 questions
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Chartered Trust & Estate Planner® (CTEP®) Certification Examination Questions and Answers

Question 61

To be qualified as a Simple Trust which of the following conditions has to be met?

Options:

A.

All of the above

B.

All except (i)

C.

All except (ii)

D.

All except (iii)

Question 62

Which of the following structure of Unborn Trust is not valid?

Options:

A.

A minor creating Trust for Would-be-Husband

B.

An unmarried person creating trust for Would-be-Mother-in-Law

C.

A married person creating trust for Would-be-Daughter

D.

Both a and b

Question 63

As per the Societies Registration Act, no society shall be dissolved unless ______________ of the members shall have expressed a wish for their votes delivered in person or by proxy, at a general meeting convened for the purpose.

Options:

A.

One-third

B.

Two-Thirds

C.

Two-fifths

D.

Three-Fifths

Question 64

______________ of the Transfer Property Act permits the transfer of property only to one or more living persons.

Options:

A.

Section 1

B.

Section 5

C.

Section 8

D.

Section 10

Page: 16 / 18
Total 472 questions
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