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A trust company is a corporation formed for the purpose of taking, accepting, and executing trust,...

A trust company is a corporation formed for the purpose of taking, accepting, and executing trust, as well as acting as a trustee and providing other services.

a.

True.

b.

False.

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Answer #1

True,

A trust company is a corporation formed for the purpose of taking, accepting, and executing trust, as well as acting as a trustee and providing other services.

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