Solved

An Implied Trust Arises

Question 37

Multiple Choice

An implied trust arises:


A) when the settlor expressly establishes a trust for the beneficiary.
B) when the settlor has not expressly established a trust but their conduct indicates that their intention was to do so.
C) when the beneficiary makes it know to the trustee that a trust has been established.
D) when the settlor does not intend to set up a trust.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents