Which of the following is true?
A) A trustee is the legal owner of the property that he is administering.
B) The beneficiary of a trust cannot enforce the trust in his or her favour.
C) The legal owner of trust property is the true owner of the property.
D) A trustee is not the legal owner of the property that he is administering.
E) A constructive trust is a relationship that exists between a trustee and beneficiary.
Correct Answer:
Verified
Q1: A contracting party who, unknown to the
Q3: A receiving order is used in
A) bankruptcy
Q4: A novation occurs
A) when two parties agree
Q5: A person or entity that administers a
Q6: A person who, although not the legal
Q7: Mary wants to be able to take
Q8: Which of the following is true?
A) A
Q9: Which of the following is not an
Q10: Novation occurs when
A) one of the parties
Q11: Vicarious performance is where
A) parties to a
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