Which of the Following Is True About a Constructive Trust

question 8

Multiple Choice

Which of the following is true about a constructive trust?

• A) It normally contains detailed instructions for the trustee to follow.
• B) The court to redress an injustice imposes it.
• C) It is revocable by the trustee.
• D) It carries out the intentions of the trustee.

Recognize examples and implications of disruptive innovations.

Grasp the importance of data-driven decision making in business strategy.

Describe the characteristics and uses of databases.

Define "unicorn" companies and their significance in the business world.

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Definitions:

Economies of Scale

The financial benefits that companies gain as a result of their size, production volume, or operational scope, where the cost for each unit of production typically falls as the scale expands.

Third-Degree Price Discrimination

A pricing strategy where different prices are charged to different groups of consumers for the same product, based on elasticity of demand.

Monopoly Power

The ability of a single seller to set prices and control the market for a good or service without significant competition.

Peak-Load Pricing

Practice of charging higher prices during peak periods when capacity constraints cause marginal costs to be high.