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 22 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


jomama

  • Member
  • Posts: 346
Reply 3 on: Yesterday
Wow, this really help

 

Did you know?

The first oncogene was discovered in 1970 and was termed SRC (pronounced "SARK").

Did you know?

For pediatric patients, intravenous fluids are the most commonly cited products involved in medication errors that are reported to the USP.

Did you know?

More than 4.4billion prescriptions were dispensed within the United States in 2016.

Did you know?

The Centers for Disease Control and Prevention (CDC) was originally known as the Communicable Disease Center, which was formed to fight malaria. It was originally headquartered in Atlanta, Georgia, since the Southern states faced the worst threat from malaria.

Did you know?

Asthma occurs in one in 11 children and in one in 12 adults. African Americans and Latinos have a higher risk for developing asthma than other groups.

For a complete list of videos, visit our video library