Curtis, a trustee, fraudulently purchases property with trust funds and puts title in his own name. What type of trust will a court create?

Question

Quizplus · Accepted Answer

A constructive trust is the type of trust that a court will create in a situation where a trustee fraudulently purchases property with trust funds and puts title in his own name. This type of trust is created to remedy unjust enrichment, and it aims to restore the property to its rightful owner.

Curtis, a Trustee, Fraudulently Purchases Property with Trust Funds and Puts