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What is the difference between Trust and Agency?

What is the difference between Trust and Agency?

Answers


sharon
1. Whereas most agencies are contractual, trusts are not
2. Whereas the principal’s action against the agent for fraud is limited by the Statute of
Limitation, an action by the beneficiary against the trustee has no time limitation

sharon kalunda answered the question on April 12, 2019 at 13:22

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