An Attorney Receives a Check from the Defendant in Settlement

question 54

Multiple Choice

An attorney receives a check from the defendant in settlement of a lawsuit brought by his client,the plaintiff.Even if the check is made out in the name of the attorney,it will belong to the client as a:

• A) resulting trust.
• B) constructive trust.
• C) totten trust.
• D) spendthrift trust.

---

Definitions:

Innovative Products

Products that introduce new features, functions, or designs that differ significantly from previous products and may offer new benefits to the consumer.

Larger Firms

Companies or enterprises that are significant in size, often having a large number of employees, operations, and market influence compared to smaller businesses.

Smaller Firms

Companies with a relatively small number of employees, market share, or revenue, often characterized by more flexible operations.

Horizontal Merger

A business consolidation that occurs between firms operating in the same industry or sector.