Indicate which one of the following statements concerning external relationships in trusts is INCORRECT:
(1) A trustee needs to be formally appointed by the Master before concluding contracts.
(2) If an internal requirement is set in a trust the Turquand rule would no doubt apply.
(3) If a trustee acts outside the scope of his or her authority, the conduct would be void.
(4) If more than one trustee is appointed, the general rule is that they must act together
2) If an internal requirement is set in a trust the Turquand rule would no doubt apply
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