Question

In a trust agreement, companies...

Answer 1

Answer:

C.

Explanation:

A Trust Agreement can be defined as arrangement between the third party or trustees and beneficiary(-ies). In such agreements, trustees or the thhird party take care of property or holds assets for a beneficiary. A trust agreement sets out the rules to be followed by trustees, who holds the assets, for beneficiary(-ies).

Companies, who form trust agreements, do so to turn over their stocks to trustees or the third party and create one larger company.

Therefore, option C is correct.