Which one of the following is not commonly granted trustee's powers?
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A. B. C. D.C
Trustees are individuals or entities who are entrusted to manage and administer assets for the benefit of beneficiaries. The powers granted to a trustee depend on the terms of the trust instrument and applicable law. Generally, trustees are granted broad powers to manage and invest trust assets, make distributions, and make decisions on behalf of the trust.
Answering the question, option D is incorrect because all of the powers listed in options A, B, and C are commonly granted to trustees.
Option A pertains to the trustee's power to retain, purchase, and sell trust assets. Trustees are typically granted the power to manage and invest trust assets, including the ability to buy and sell securities and other assets.
Option B pertains to the trustee's power to make distributions of trust principal. Trustees have the responsibility to manage the trust assets for the benefit of the beneficiaries, which may include making distributions of principal.
Option C pertains to the trustee's power to make dealings on behalf of the trust, which can include entering into contracts, settling claims, and making payments.
In conclusion, the correct answer to this question is D - none of these - because all of the powers listed in the options are commonly granted to trustees.