Select the correct option to test your answer:
Law
Indian Trusts Act
Difficulty: Medium
Choose the correct answer (1) A trustee may also be a beneficiary and can be the sole beneficiary (2) A trustee may also be a beneficiary, but cannot be the sole beneficiary (3) A donor may also constitute himself a trustee, and though remaining in possession, may transfer legal possession by declaring his possession as donee's. (4) A donor may also constitute himself a trustee, and though remaining in possession, cannot transfer legal possession by declaring his possession as donee's.
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