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This theory is often called the Onion Theory because the model looks like an onion and involves layers that are peeled away.
Revoke
To take back or withdraw an offer, right, or privilege.
Resulting Trust
A trust implied by law when property is transferred under circumstances suggesting the transferor does not intend the recipient to have beneficial interest in the property.
Express Trust
A trust created either while the settlor is alive or by will.
Created
Brought into existence; originated or produced something new.
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