Which of the Following Is Not Considered a Situation Where

question 5

Multiple Choice

Which of the following is not considered a situation where a resulting trust will arise to fill a gap in beneficial ownership?

• A) A transfers property to B upon trust without effectively declaring the objects of the trust.
• B)A purports to transfer property to create a charitable trust, but the trust fails for having non-charitable objects.
• C) A has distributed trust funds to deal with a disaster appeal, and a surplus remains.
• D) A seeks to make a trust in favour of members of company B. Company B does not exist and no transfer of legal title has taken place.

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Definitions:

Air Quality

The degree to which the air in a particular place is free from pollutants.

Air Quality

Refers to the cleanliness or pollution level of the air in a specific area, impacting health and environment.

Federal Gasoline Tax

A tax imposed by the federal government on the sale of gasoline, primarily used to fund transportation projects.

Air Pollution

The presence of substances in the atmosphere that are harmful to the health of humans and other living beings, or cause damage to the climate or to materials.