Which of the Following Statements Is False in Relation to the Operation

question 8

Multiple Choice

Which of the following statements is false in relation to the operation of presumed resulting trusts?

• A) In the absence of a clear intention to make a gift, a rebuttable presumption of resulting trust arises on a voluntary transfer of personal property without consideration.
• B) A purchase money resulting trust will arise in relation to land on the basis of any direct or indirect contributions to the purchase of the land.
• C) Resulting Trusts arise on the basis of two rebuttable presumptions - a presumption against gifts and a presumption in favour of the provider of the purchase money
• D) The presumption of a purchase money resulting trust may be rebutted by admission of evidence that the payment was advanced as a loan.

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