in all circumstances where a purchaser has promised to honour a contractual licence, they will be bound by a constructive trust.

Question

Quizplus · Accepted Answer

A constructive trust is not automatically imposed in all circumstances where a purchaser has promised to honor a contractual license. The imposition of a constructive trust depends on specific conditions being met, such as the presence of fraud, unjust enrichment, or other equitable considerations, and is determined on a case-by-case basis by the court.

In All Circumstances Where a Purchaser Has Promised to Honour