Practice question
Which distinction does Article 1441 make?
- Express trusts arise from intention; implied trusts arise by operation of law
- All trusts require the word 'trust' in their title
- Implied trusts can never exist
- Only government agencies can be trustees
- Every trustee is the sole beneficial owner
Legal references
- Civil Code Articles 1440–1457: https://lawphil.net/statutes/repacts/ra1949/ra_386_1949.html
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