Question: Knowing receipt should be called dishonest receipt. No one will be personally liable for receiving money in breach of trust unless they choose to spend

"Knowing receipt should be called dishonest receipt. No one will be personally liable for receiving money in breach of trust unless they choose to spend it with actual knowledge of the breach, and that is dishonest."

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Law Questions!