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AAFM Discussions
Exam CTEP Topic 1 Question 57 Discussion
AAFM Exam CTEP Topic 1 Question 57 Discussion
Actual exam question for AAFM's CTEP exam
Question #: 57
Topic #: 1
[All CTEP Questions]
A trustee commuting a breach of trust not liable to pay interest except
A
(i) & (ii)
B
(ii) & (iii)
C
Only (ii)
D
All of the above
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Suggested Answer:
B
by
Nieves
at
Dec 06, 2024, 01:46 AM
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Remona
1 months ago
As a professional trustee, I can tell you that the answer is always 'pay more interest.' Just sayin'.
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Lea
2 months ago
Ah, the joys of trustee law. I'm going to go with C) Only (ii) on this one. Hopefully, the exam gods are feeling merciful today.
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Yuriko
18 days ago
Let's hope for the best, maybe we'll both get lucky with our choices.
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Edna
21 days ago
I'm not so sure, I'm leaning towards D) All of the above.
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Trevor
24 days ago
I think you're right, C) Only (ii) seems like the correct answer.
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Stephaine
2 months ago
Haha, this reminds me of that time my trustee tried to commute a breach with a pack of gum and a rubber band. Classic. Anyway, I'm going with C) Only (ii).
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Ligia
2 months ago
Hmm, I'm torn between B) (ii) & (iii) and C) Only (ii). Gotta love these ambiguous legal questions, right?
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Galen
21 days ago
Yeah, I'm leaning towards C) Only (ii) as well.
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Nguyet
22 days ago
I agree, it seems like the most logical choice.
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Brandon
1 months ago
I think it's C) Only (ii).
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Rodolfo
2 months ago
This is a tricky one. I think the answer is C) Only (ii), but I'm not entirely sure. Gonna have to review the rules on trustee liability.
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Dacia
7 days ago
Good idea, we don't want to get this wrong
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Buck
9 days ago
Let's double check the rules just to be sure
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Brittney
14 days ago
I agree, it seems like the most logical choice
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Tamie
1 months ago
I think the answer is C) Only (ii)
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Kimberely
1 months ago
User2: Yeah, I agree. We should review the rules on trustee liability to be sure.
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Maricela
2 months ago
User1: I think the answer is C) Only (ii).
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Kasandra
3 months ago
I'm not sure, but I think D) All of the above could also be correct, as it covers all possibilities
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Linette
3 months ago
I agree with Daryl, because the trustee should only pay interest for breaches related to (ii) & (iii)
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Daryl
3 months ago
I think the answer is B) (ii) & (iii)
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Remona
1 months agoLea
2 months agoYuriko
18 days agoEdna
21 days agoTrevor
24 days agoStephaine
2 months agoLigia
2 months agoGalen
21 days agoNguyet
22 days agoBrandon
1 months agoRodolfo
2 months agoDacia
7 days agoBuck
9 days agoBrittney
14 days agoTamie
1 months agoKimberely
1 months agoMaricela
2 months agoKasandra
3 months agoLinette
3 months agoDaryl
3 months ago