They are informal in nature. They do not require written evidence for their operation. They both rely on intention although the role of intention in constructive trusts is far more positive. The court must be satisfied that it was intended that the non legal owner would acquire an equitable interest in the property or it must be inferred from their conduct before they can impose a construsctive trust. In a resulting trust the intention is presumed and need not be express. The intention that the non legal owner is to own a share can always be rebuttted by evidence for example that it was a gift.
Reduce competition between businesses
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Supporters of trusts argued that they created efficiencies through economies of scale, reduced competition, and allowed for better resource allocation, which could lead to lower prices and improved products for consumers. They believed that large corporations could drive innovation and economic growth. In contrast, opponents of trusts contended that they stifled competition, led to monopolistic practices, and exploited consumers and workers. They argued that trusts concentrated power and wealth in the hands of a few, undermining fair market principles and democratic ideals.
to prevent monopolies by big corporations or trusts :) yay for study island!
M. Cope has written: 'Duress, undue influence, and unconscientious bargains' -- subject(s): Duress (Law), Rescission (Law), Undue influence 'Constructive trusts' -- subject(s): Constructive trusts
participate
Patricia L. Loughlan has written: 'The remedial constructive trust' -- subject(s): Trusts and trustees
A constructive trust is not one that is created by an individual. It is not a trust (express trust) in the true meaning of the term. It is a trust created by a court as a remedy when it decides that an individual is holding title to property unfairly. It treats the defendant as though it had been the trustee of an express trust. The court then compels the defendant to convey title to the property to the rightful owner. You can read more about constructive trusts at the link below.
A living trust can be modified while the person is still a live. Other forrms of trusts do not allow them to be modified.
trusts~apex
The Clayton Antitrust Act was intended to stop trusts from ever forming.apex=)
Reduce competition between businesses
Transitive Access
trusts~apex
Reduce competition between businesses
The Wildlife Trusts was created in 1912.