constructive trust

(redirected from Breach of Duty in Direct Dealing with Beneficiary)
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Related to Breach of Duty in Direct Dealing with Beneficiary: resulting trust, Westlaw
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Noun1.constructive trust - a trust created by a court (regardless of the intent of the parties) to benefit a party that has been wrongfully deprived of its rights
implied trust - a trust inferred by operation of law
Based on WordNet 3.0, Farlex clipart collection. © 2003-2012 Princeton University, Farlex Inc.
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