WitrynaThe definition of Trust is reliance on the integrity, strength, ability, surety, etc., of a person or thing; confidence. See additional meanings and similar words. WitrynaConstructive trust. A trust that arises by operation of law where it would be unconscionable for a person (A) who holds an asset to deny the beneficial interest of another person in the asset. A holds funds that he knows have been paid to him by mistake. A holds an asset that he has obtained by means of fraud.

Trust Definition, Economics, Types, & Facts Britannica

WitrynaA resulting trust is an implied trust that comes into existence by operation of law, where property is transferred to someone who pays nothing for it; and then is implied to have held the property for benefit of another person.The trust property is said to "result" or jump back to the transferor (implied settlor). In this instance, the word 'result' … WitrynaConstructive trust. A trust that arises by operation of law where it would be unconscionable for a person (A) who holds an asset to deny the beneficial interest of … flooring helper job description

Presumption of resulting trust - Resulting trust means ... - Studocu

WitrynaExplicit can be interpreted as "to unfold" or "to lay out" (in other words, "to explain") and implicit can be translated as "to fold in," implying covering or containing (meaning) … Witrynaimplied trust: 1 n a trust inferred by operation of law Types: constructive trust , involuntary trust a trust created by a court (regardless of the intent of the parties) to … Witryna1 gru 2005 · 1. INTRODUCTION. one of the incidents of the contract of employment is that the employer is subject to certain implied duties. The most central term is undoubtedly the implied term of mutual trust and confidence, which from the perspective of the obligations imposed upon the employer, has been expressed as a duty upon … great ocean rd weather