If a Person Acquires Legal Title to Property as a Result

question 36

Short Answer

If a person acquires legal title to property as a result of fraud, the court may impose a(n) _______ trust on the individual holding the legal title.

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Definitions:

Variable Resources

Inputs that can be adjusted in the short term to meet changes in the level of production, such as labor or raw materials.

Craft Union

A labor union representing workers who are skilled in a particular craft, dedicated to protecting the workers' interests and negotiating for better terms through collective bargaining.

Labor Supply Curve

This represents the relationship between the amount of labor that workers are willing to offer and the wage rate, typically showing that higher wages incentivize more labor supply.

Inclusive Unionism

The policy, pursued by industrial unions, in which a union attempts to include every worker in a given industry so as to be able to restrict the entire industry’s labor supply and thereby raise wages. Compare with exclusive unionism.