This topic contains a solution. Click here to go to the answer

Author Question: In what situations do courts impose a constructive trust?[br][br][b][color=#FA1639]Question ... (Read 48 times)

erika

  • Hero Member
  • *****
  • Posts: 522
In what situations do courts impose a constructive trust?

Question 2

Professor Dought has a life insurance policy on his own life that provides that in the event of his death, his mother will receive the proceeds. Professor Dought's mother is a(n):
 A) incidental beneficiary.
  B) creditor beneficiary.
  C) donee beneficiary.
  D) assignee.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

IAPPLET

  • Sr. Member
  • ****
  • Posts: 333
Answer to Question 1

Constructive trusts are imposed by courts to rectify misconduct, to prevent unjust enrichment, or to undo a morally wrong situation. Misconduct includes abuse of a confidential relationship, actual fraud, undue influence, or duress. Rather than reflect the intent of the parties, a constructive trust represents a court's attempt to achieve an equitable and just result.

Answer to Question 2

C




erika

  • Member
  • Posts: 522
Reply 2 on: Jun 24, 2018
Thanks for the timely response, appreciate it


tuate

  • Member
  • Posts: 332
Reply 3 on: Yesterday
:D TYSM

 

Did you know?

The liver is the only organ that has the ability to regenerate itself after certain types of damage. As much as 25% of the liver can be removed, and it will still regenerate back to its original shape and size. However, the liver cannot regenerate after severe damage caused by alcohol.

Did you know?

More than 50% of American adults have oral herpes, which is commonly known as "cold sores" or "fever blisters." The herpes virus can be active on the skin surface without showing any signs or causing any symptoms.

Did you know?

Increased intake of vitamin D has been shown to reduce fractures up to 25% in older people.

Did you know?

Medication errors are more common among seriously ill patients than with those with minor conditions.

Did you know?

On average, the stomach produces 2 L of hydrochloric acid per day.

For a complete list of videos, visit our video library