In a trust agreement, companies...

History

1 answer:

FrozenT [24]2 years ago

3 0

Answer:

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.

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