Question

QUESTION 38 Rhea is a director of Spex Corporation. As a Spex director, Rhea is o a trustee because Rhea occupies a position of trust over Spex. O a trustee who holds title to Spex's property for the benefit of others. C not a trustee because Rhea does not hold title to Spex's property not a trustee because Rhea is not in a position of trust over Spex

Need both answered please

Answer 1

Question 38

Rhea is not a trustee because Rhea doesnot hold title to Spex 's property.

Being a director of Spex Corporation, Rhea will have the authority to govern and control the affairs of Spex corporation along with final decision makings. But , she cannot act as a trustee as she doesnot hold title of ownership on Spex's property.

Question 36

Galen only

In most states, a person to be legally able to execute a deed or a will should have attained an age of 18 years or above.

Here, Eve is only 15 years old and Faruk is 17 years old. Both are still minor children who are not legally qualified to execute will. Only Galen who is of age 19 can therefore execute a legal will that will be valid in the eyes of law.