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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. both have to be treated on the same footing.
C. insufficient information.
D. the remaindermen.
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 customer has a virtualized data center. The virtual hosts use virtual distributed switches with multiple redundant uplinks, and these uplinks use Link Aggregation Control Protocol (LACP).
Which technology, available in HP switches, enhances high availability in this environment?
A. Virtual Ethernet Port Aggregator (VEPA) combines redundant server links into a single high-bandwidth trunk
B. Fibre Channel over Ethernet (FCoE) allows the virtual hosts to send storage traffic over the server Ethernet uplinks if the FC connection fails
C. Intelligent Resilient Framework (IRF) allows redundant server links to connect to different physical switches
D. NetStream and sFlow technologies provide the built-in capability to optimize bandwidth flows dynamically
Answer: B

NEW QUESTION: 3

A. Network Cloud Service
B. Compute Cloud Service
C. User Cloud Service
D. Database Cloud Service
Answer: B,D

NEW QUESTION: 4
内部監査憲章は次のうちどれを行うべきですか？
A. 今後の監査のスケジュールの概要。
B. 内部監査活動の範囲を定義します。
C. 内部監査活動の規模を確立します。
D. 内部監査活動の目標を伝えます。
Answer: B