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constructive trust is a very flexible and indeed adaptable instrument. There are many accounts of this adaptability and capability to meet a variety of situations-even ones which are ever changing in our society. As indicated, constructive ...
interest or trust subsisting at the time of the disposition, must be in writing signed by the person disposing of the same, or by his agent thereunto lawfully authorized in writing or by will.” The policy of the enactment of this section w...
which is statutory or discretional, the trustees can grant any amount of money from the trust to the beneficiaries of the trust. There are certain conditions. These conditions include the fact that the amount of money can be advanced to th...
villa, “Oakhouse”, and 200 shares in B.A. to Pat and James to hold upon trust for Maya, absolutely. Explain the formalities required to implement the following alternative directions and analyse the effect of the transactions. Maya orally ...
equity is considered before the jury makes its decision. Equity is a body of law, and the word ‘equity’ evokes ideas of fairness and justice. Certainly equity's approach is different. Initially, equity was only called upon to intervene when...
equity abhors a vacuum, thus the property will be hung on trust for the sethlow or assuming that he passed away for his domain. If the property of trust is not identified properly, the trust will fall flat since the property never leaves th...
global as to be competitive and have a better market share, must be present in more countries, a process known as globalization. These companies are active in several countries have decisive weight in international trade; through subsidiar...