What does the American Rule for successive assignments provide?
A) The last assignment in time prevails, regardless of notice.
B) The first notified assignment prevails.
C) The first assignment in time prevails, regardless of notice.
D) Only notified assignments prevail.
C
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Although it has no estate or income tax benefit, the ___ relieves the cares of management of money or property, as well as other purposes, including protecting the assets in the trust from loss due to the beneficiary's negligence.
a. charitable remainder trust b. revocable living trust c. irrevocable living trust d. spendthrift trust
The concept of ________ considers how strongly people's reasons for pursuing goals are consistent with their interests and core values
A) self-serving bias B) self-fulfilling prophecy C) self-concordance D) self-actualization E) self-efficacy