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Equity: Trustees - Statistics
General Stats
- This quiz has been taken 4 times
- The average score is 6 of 14
Answer Stats
| Hint | Answer | % Correct |
|---|---|---|
| Who takes the benefits from this? | Beneficiary | 100%
|
| What arises when a trustee takes a bribe or makes a profit unconscionably | Constructive trust | 75%
|
| Are trustees allowed to put themselves in a position where there could be conflict? | No | 75%
|
| Who has legal title? | Trustee | 75%
|
| Where will one find the information of the trust? | Trust instrument | 75%
|
| What are the rules for fiduciaries? | No conflict | 50%
|
| What are the rules for fiduciaries? | No profit | 50%
|
| What act got rid of the 'doctrine of conversion' | Trusts of Land and Appointment of Trustees Act 1996 | 50%
|
| What do trustees have an obligation to do when they are appointed? | Acquaint themselves with the trust | 25%
|
| Case for threshold reasonability of trustee actions | Nestle v National Westminster Bank Plc [1994] | 25%
|
| What legislation provides DoC for trustees? | S.1 Trustee Act 2000 | 25%
|
| Who gives the main 'definition' of a fiduciary? | Millet LJ in Mothew [1997] | 0%
|
| Case for where trustees made themselves directors of a company in the trust? | Re Macadam [1946] | 0%
|
| What legislation are company directors governed by? | SS.170-175 Companies Act 2006 | 0%
|
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