Asked by

MARIA DEL CARMEN REYES VALENCIA
on Nov 21, 2024

verifed

Verified

What should Melanie seek if she wants possession of the lakeside lot Kumar purchased?

A) A resolute trust
B) An actual trust
C) A constructive trust
D) A defined trust
E) An absolute trust

Constructive Trust

An equitable remedy imposed by a court to prevent unjust enrichment, treating the holder of property as if they were a trustee of it for the benefit of another.

Lakeside Lot

A piece of land located adjacent to, or in close proximity to, a lake.

Possession

The act of having control over something or owning something, either physically or legally.

  • Acknowledge the legal implications of conduct by agents representing principals.
verifed

Verified Answer

MR
Manisha RatanpalNov 23, 2024
Final Answer:
Get Full Answer