Artificial intelligence (AI, also machine intelligence, MI) is intelligence demonstrated by machines, in contrast to the natural intelligence (NI) displayed by humans and other animals. In computer science AI research is defined as the study of intelligent agents: any device that perceives its environment and takes actions that maximize its chance of successfully achieving its goals.
What is a 'Beneficial Owner'. A beneficial owner is a person who enjoys the benefits of ownership even though title to some form of property is in another name.
Trusts: settlor, trustee and beneficiary. In its simplest form, a trust is created when a settlor transfers property to a trustee to hold it for the benefit of one or more beneficiaries.here are three legal capacities to bear in mind in this context: the settlor who settles the property, the trustee who holds the property on trust, and the beneficiary who enjoys the benefits of the trust. It is not uncommon for the settlor of a trust to be the beneficiary. - Albert Cilia.