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NEW QUESTION: 1
When a trustee for private investment funds has responsibility toward current beneficiaries who are income oriented and future beneficiaries ("remaindermen") who are capital growth oriented, she has primary fiduciary duty toward:
A. insufficient information.
B. both have to be treated on the same footing.
C. the remaindermen.
D. the income beneficiaries.
Answer: B
Explanation:
Explanation/Reference:
Explanation:
Personal trust account trustees are subject to the "Prudent Man Rule" in their investment behavior and are required to follow the guidelines of the trust. In particular, when there are conflicting interests involved, the trustee is required to maintain an equitable balance between the interests of different groups. Standard IV (B.1) - Fiduciary Duties - and the Topical Study, "Fiduciary Duty."
NEW QUESTION: 2
A company with 742 employees is looking for a server that can run multiple workloads. The company wants a turnkey solution, which includes the server operating system. Which server would you recommend?
A. HPE ProLiant ML350 Gen10 server
B. HPE ProLiant ML110 Gen10 server
C. HPE ProLiant ML30 Gen9 server
D. HPE MicroServer Gen10
Answer: A
NEW QUESTION: 3
A. Scope creep
B. Iterative approach
C. Resource constraints
D. Established communication plan
Answer: A
Explanation:
Explanation
References: Kim Heldman, CompTIA Project+ Study Guide, 2nd Edition, Sybex, Indianapolis, 2017, p. 133
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