Unit 02: – Commercial Trust Law
Introduction
This unit explores the law of trusts in the international context, comparing doctrine in different jurisdictions and exploring the theoretical implications of such differences.
Topic
In the commercial trust law, you have been given following tasks to write an assignment of minimum 3000 words in length to meet assessment criteria (A.C).
Task 1:
Evaluate the basic principles of Equity as a part of English System of Law. Guideline word count: 1500-2000 words
A.C. 1.1 – Explain the mechanics of creating express trust including rights of beneficiaries. A.C. 1.2 – Distinguish different types of trust with analysis of nature of respective rights and obligations of the parties to the trust
Task 2:
Analyse the way trusts are used in commercial transactions and issues are dealt according to the norms of contract and trusts law.
Guideline word count: 1500-2000 words
A.C. 2.1 – Explain the particular context of commercial transaction into contact with trusts law and equity.
A.C. 2.2 – Demonstrate the interactions between contract law and trusts law and explain how trusts are not bound up with contract.
Assignment Brief – Commercial Trust Law
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A.C. 2.3 – Critically analyze how trustees limit their liabilities including a provision in their contract of appointment and exclude liability for a range of defaults .
Learners are required to complete all tasks.
Assignment Guidelines All work must be submitted in a single electronic document (.doc file).
Overall word count guide: 3000 – 4000
