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An Implied Trust Arises

Question 2

Multiple Choice

An implied trust arises:


A) when the settlor expressly establishes a trust for the beneficiary.
B) when the settlor has not expressly established a trust but their conduct indicates that their intention was to do so.
C) when the beneficiary makes it know to the trustee that a trust has been established.
D) when the settlor does not intend to set up a trust.

Correct Answer:

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