Ann and Burt Are Partners in Delta Associates

question 49

Multiple Choice

Ann and Burt are partners in Delta Associates. Burt takes advantage of a partnership opportunity for personal gain that causes Delta's business to suffer. A court orders Burt to hold the profits in trust for the partnership. This is

• A)a constructive trust.
• B)an living trust.
• C)a resulting trust.
• D)a testamentary trust.

---

Definitions:

Graphic

A visual representation of information, data, or ideas, including images, drawings, graphs, and charts.

No Recolor

Indicates an option or command to leave the color of an image, text, or graphical element unchanged, retaining its original hues.

Grow Font

A function in text editing and word processing applications that increases the size of the selected font.

Font Size

The measurement of how large or small text appears in a document or on screen, typically measured in points.