An equitable trust that is implied by law to avoid fraud, unjust enrichment, and injustice is defined as a ________.

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A constructive trust is an equitable trust that is imposed by the courts to prevent one party from being unjustly enriched at the expense of another party. It is implied by law to avoid fraud, unjust enrichment, and injustice. The other options, testamentary, spendthrift, and token trusts, do not fit this definition. A testamentary trust is created by a will, a spendthrift trust restricts the beneficiary's access to the trust's principal and interest, and a token trust is a form of nominal trust where there is no intended beneficiary or purpose.

An Equitable Trust That Is Implied by Law to Avoid