A constructive trust is an equitable remedy resembling a trust imposed by a court to benefit a party that has been wrongfully deprived of its rights due to either a person obtaining or holding legal right to property which they should not possess due to unjust enrichment or interference.
Read more about Constructive Trust: Events Generating Constructive Trusts, Usefulness of Constructive Trusts
Famous quotes containing the words constructive and/or trust:
“Work is a responsibility most adults assume, a burden at times, a complication, but also a challenge that, like children, requires enormous energy and that holds the potential for qualitative, as well as quantitative, rewards. Isn’t this the only constructive perspective for women who have no choice but to work? And isn’t it a more healthy attitude for women writhing with guilt because they choose to compound the challenges of motherhood with work they enjoy?”
—Melinda M. Marshall (20th century)
“I cannot trust myself to put in words what I feel at this time. Every kind thought that is in your minds and every good wish that is in your hearts for me finds its responsive wish and thought in my mind and heart for each of you. I love this city. It has been my own cherished home. Twice before I have left it to discharge public duties and returned to it with gladness, as I hope to do again.”
—Benjamin Harrison (1833–1901)