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:

Verified
Correct Answer:
Verified
Q1: As the trustee owns the trust property
Q3: The implied authority of each partner to
Q4: Which special legislation applies to a sole
Q5: Doris and Dillon Davies were partners in
Q6: A trust, as a business structure, need
Q7: Jill sets up a trust for the
Q8: Each partner is obliged to act in
Q9: X and Y are partners.Z is a
Q10: If a franchisor breaches the Franchising Code
Q11: In relation to torts and crimes partners