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Homework answers / question archive / Rollo opens an account for $250,000 at Savers Bank

Rollo opens an account for $250,000 at Savers Bank

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Rollo opens an account for $250,000 at Savers Bank. The account provides that the funds are held in trust for Thea, Rollo's daughter. This is

 

  1. a constructive trust.
  2. a resulting trust.
  3. a testamentary trust.
  4. a living trust.

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