REMEDIES for breach of trust - third party Flashcards
1
Q
property can also be traced
A
dircetly into the ahnds of a third party
2
Q
when traced to a third party, the beneficiary chooses
A
- charhe over the asset for amount taken (hallet)
- take or take share of asset (foskett)
3
Q
the third part remedy only woks on third parties that
A
- third party who gave to value - volneteer
- a thrid party recipeint who gave value but out to have know the proeprty was on trust
4
Q
before
before the proeprty is return to beenficiary
A
is is held on contructice trsut by third party
5
Q
beneficaries can also seek compensation directly form third parties who have
A
- assisted in a breach of trust (dishon assit)
- recveid trust property but no longer have it (knowing recipt)