Which of the following statements is false in relation to nature of constructive trusts?
A) So called 'remedial' constructive trusts cannot be used to create an interest in property, merely to protect pre-existing property rights by giving a remedy.
B) An interest arising by means of what is termed an 'institutional' constructive trust is capable of gaining priority over a purchaser where the purchaser buys the interest after the creation of the interest.
C) While there is no coherent theory unifying the enforcement of constructive trusts, they all imposed to satisfy the demands of justice and good conscience in transactions.
D) English law currently does not recognise the 'remedial' constructive trust.
Correct Answer:
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