Who receives the trust res on the termination of a trust?

A) the heir
B) the trustor
C) the remainder beneficiary
D) the income beneficiary

C

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Variances are calculated by subtracting the actual cost or planned value from ____.

a. EV b. AC c. PV d. RP

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Which of the following terms means that a judge must follow another judge's ruling on the law if the latter judge is of a higher rank?

A) equity B) Stare decisis C) noblesse oblige D) common law E) arbitration

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