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CIBG – ADMIN OF TRUST – L4 – Q6 – Courts Not Assisting Volunteers and Resulting Trusts

State ways courts won't assist volunteers in imperfect trusts and explain presumed/automatic resulting trusts.

a) State and explain three (3) ways in which the courts would not assist a volunteer to perfect an imperfect trust

b) Explain presumed and automatic resulting trusts

(20 marks)

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BL – Nov 2020 – L1 – SB – Q6c – Partnership Law

Assess the legality of different partnership arrangements.

Comment on the legality of the following relationships operating as partnerships:

i. A partnership of 16 persons established for charitable purposes
ii. Adex cooperative society consisting of 500 members
iii. Black and Blue law firm consisting of 31 lawyers
iv. Stone Partnership firm comprising Segun aged 28, Tunde aged 17
v. A partnership of volunteers for the purpose of helping persons displaced by flood.

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CIBG – ADMIN OF TRUST – L4 – Q6 – Courts Not Assisting Volunteers and Resulting Trusts

State ways courts won't assist volunteers in imperfect trusts and explain presumed/automatic resulting trusts.

a) State and explain three (3) ways in which the courts would not assist a volunteer to perfect an imperfect trust

b) Explain presumed and automatic resulting trusts

(20 marks)

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You're reporting an error for "CIBG – ADMIN OF TRUST – L4 – Q6 – Courts Not Assisting Volunteers and Resulting Trusts"

BL – Nov 2020 – L1 – SB – Q6c – Partnership Law

Assess the legality of different partnership arrangements.

Comment on the legality of the following relationships operating as partnerships:

i. A partnership of 16 persons established for charitable purposes
ii. Adex cooperative society consisting of 500 members
iii. Black and Blue law firm consisting of 31 lawyers
iv. Stone Partnership firm comprising Segun aged 28, Tunde aged 17
v. A partnership of volunteers for the purpose of helping persons displaced by flood.

Login or create a free account to see answers

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Report an error

You're reporting an error for "BL – Nov 2020 – L1 – SB – Q6c – Partnership Law"

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