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Trusts Law
Resulting Trusts
Quiz · 20 questions
beginner
Which of the following statements best defines a resulting trust?
A
A trust that arises where a person transfers property to another but the beneficial interest returns to the transferor, reflecting that no gift was intended
B
A trust created when a settlor expressly declares that property is to be held for the benefit of another person
C
A trust that is created by statute to protect the interests of vulnerable beneficiaries
D
A trust imposed by the court to prevent unjust enrichment regardless of the transferor's intention
E
A trust that arises automatically when a trustee dies and a replacement trustee must be appointed
Question 1 of 20