​A Resulting Trust Arises from the Conduct of the Parties

question 19

True/False

​A resulting trust arises from the conduct of the parties.

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Definitions:

Federally Chartered Bank

A bank that operates under a charter granted by the federal government, often subject to different regulations than state-chartered banks.

Articles of Incorporation

A document that establishes the existence of a corporation and includes fundamental details like the corporation's name, purpose, and structure.

Volume of Business

The total amount of business conducted within a specific period, often measured in terms of sales numbers or transactions.

Defendant

A person or entity against whom a lawsuit is filed in a court of law.