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Gwen and Hunt Are Partners in Investment Associates

Question 40

Multiple Choice

Gwen and Hunt are partners in Investment Associates. Hunt takes advantage of a partnership opportunity for personal gain that causes the firm's business to suffer. A court orders Hunt to hold the profits in trust for the partnership. This is​


A) ​a constructive trust.
B) ​an living trust.
C) ​a resulting trust.
D) ​a testamentary trust.

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