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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