Multiple Choice
Which of the following is not considered a situation where a resulting trust will arise to fill a gap in beneficial ownership?
A) A transfers property to B upon trust without effectively declaring the objects of the trust.
B) A purports to transfer property to create a charitable trust, but the trust fails for having non-charitable objects.
C) A has distributed trust funds to deal with a disaster appeal, and a surplus remains.
D) A seeks to make a trust in favour of members of company B. Company B does not exist and no transfer of legal title has taken place.
Correct Answer:

Verified
Correct Answer:
Verified
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