Question: fixed trust - inter vivos trust - implied trust - public trust - discretionary trust A. A trust in which the trustee has a discretion

fixed trust - inter vivos trust - implied trust - public trust - discretionary trust A. A trust in which the trustee has a discretion as to how to distribute the trust income and capital. B. A trust in which the beneficiaries' entitlements to income and capital are fixed. C. A trust established for charitable purposes. D. A trust created during one's lifetime. E. A trust that arises when there is no express declaration of trust, but nevertheless it is appropriate that a trust be construed

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