What is the difference between an express and an implied trust?

What will be an ideal response?


Express trusts are those that are deliberately created by a trustor. They may be either written or oral and must clearly state the purpose for which the trust is being formed. An express trust will fail for lack of a trust purpose.
Implied trusts, sometimes called an involuntary trusts, are those that are created by operation of law, meaning they are created through the application of established legal principles. Their creation is rooted in the idea that someone would be unjustly enriched unless the law imposed a trust on the situation.

Legal Studies & Paralegal

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Answer the following statement(s) true (T) or false (F)

1. The Polaroid exemption refers to a low volume exemption. 2. Unlike most other environmental acts, FIFRA relies heavily on state enforcement. 3. FIFRA was passed, in part, because of the PCB debacle. 4. Assessment of “unreasonable adverse effects” takes into consideration the beneficial effects of the pesticide. 5. The Consumer Labeling Initiative is required as part of FIFRA.

Legal Studies & Paralegal

Give two reasons that justify holding manufacturers strictly liable for defects in their products.

What will be an ideal response?

Legal Studies & Paralegal

The U.S. Department of ________ provides the guidelines for federal unemployment compensation

Fill in the blank(s) with correct word

Legal Studies & Paralegal

What is advocacy?

What will be an ideal response?

Legal Studies & Paralegal