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

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Quizplus · Accepted Answer

A constructive trust arises when property has been acquired through fraud, misrepresentation, duress, undue influence, or other wrongful conduct. In this scenario, Curtis fraudulently acquired property with trust funds and put title in his own name, which would create a constructive trust.

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