Multiple Choice
X and Y buy a house together, each contributing half of the cost.The house is registered in the name of X, that is, X is the legal owner of the house.X will be a trustee and Y will be a beneficiary under:
A) an express trust.
B) a resulting trust.
C) a discretionary trust.
D) a unit trust.
Correct Answer:
Verified
Correct Answer:
Verified
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