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NEW QUESTION: 1
A. Option B
B. Option C
C. Option D
D. Option A
Answer: A
NEW QUESTION: 2
Which of the following statements about Spanning Tree Protocol is true?
A. For the switches that are non-root or designated switches, the port with the highest combined cost to the root is the root port.
B. In the case where two switches have the same priority, the switch with the lowest MAC address becomes the root.
C. The switch port that is the greatest distance from the LAN to the root is the designated port.
D. All of the above.
Answer: B
NEW QUESTION: 3
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. the income beneficiaries.
B. the remaindermen.
C. both have to be treated on the same footing.
D. insufficient information.
Answer: C
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."
