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Which of the following Trust is employed by the law as an ''Equitable Remedy''?
Suggested Answer: D
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19 comments · newest first
MA
Marilynn
10 months ago
Wait, is it really used as an equitable remedy?
BR
Brice
10 months ago
Definitely agree with that!
AL
Alease
11 months ago
I always thought it was A, Discretionary Trust.
BE
Beckie
11 months ago
C, Express Trust is also a valid option, though.
CA
Catina
11 months ago
I think it's D, Constructive Trust.
LA
Lashaunda
11 months ago
I’m leaning towards Non-Discretionary Trust, but I recall that Constructive Trusts are often used in cases of unjust enrichment, so maybe that's the answer.
DA
Dallas
12 months ago
Discretionary Trusts seem like they could fit, but I feel like Constructive Trusts are more directly related to equitable remedies.
FA
Fausto
12 months ago
I remember practicing a question about Express Trusts, but I don't think they are typically classified as equitable remedies.
ME
Meghan
1 year ago
I think it might be the Constructive Trust since it often comes up in discussions about equitable remedies, but I'm not entirely sure.
DE
Derick
1 year ago
I'm a bit confused by the wording of this question. What exactly do they mean by "Equitable Remedy"? I'll need to think through the definitions of each trust type to determine which one fits that description.
BU
Buddy
1 year ago
Okay, I've got this. The Constructive Trust is the one that's used as an equitable remedy, where the court imposes a trust to prevent unjust enrichment. I'm confident that's the right answer here.
JU
Jules
1 year ago
Hmm, this is a tricky one. I'm not totally sure about the differences between the trust types listed. I'll have to review my notes on equitable remedies to try and figure this out.
CH
Christiane
1 year ago
This looks like a question on trust law. I'll need to think carefully about the different types of trusts and which one is considered an "Equitable Remedy" by the law.
LA
Lauran
1 year ago
Definitely D. Constructive Trust. The name 'Constructive Trust' kind of gives it away, don't you think?
ST
Stefanie
1 year ago
I'm not sure, but I think C) Express Trust could also be considered as an Equitable Remedy.
BE
Belen
1 year ago
I think the answer is D. Constructive Trust. It's an equitable remedy used by the law to prevent unjust enrichment.
BR
Brice
1 year ago
I agree, Constructive Trust is the correct answer.
ST
Stephania
1 year ago
I agree with Eleonora, Constructive Trust is used as an Equitable Remedy.
EL
Eleonora
1 year ago
I think the answer is D) Constructive Trust.