In the following cases, state with reasons if the trust is created under The Trusts Act, 1882: A bequeaths certain property to B, desiring him to divide the bulk of it among C's children. A bequeaths certain property to
CS Executive · Economic and Commercial Laws · PYQS · June 2021
In the following cases, state with reasons if the trust is created under The Trusts Act, 1882: A bequeaths certain property to B, desiring him to divide the bulk of it among C's children. A bequeaths certain property to B, "hoping he will continue it in the family". A bequeaths a shop and stock-in trade to B on condition that he pays A's debts and a legacy to C.
Answer & Explanation:
This does not create a trust, for the trust property is not indicated with sufficient certainty. This does not create a trust as the beneficiary is not indicated with reasonable certainty. This is condition, not a trust for A's creditors and C.
Topics: Trusts Act, 1882
Related Questions in this Topic
- In the following cases, state with reasons if the trust is created under The Trusts Act, 1882: A bequeaths certain pro...
- In the following cases, state with reasons if the trust is created under The Trusts Act, 1882: A bequeaths certain pro...
- In the following cases, state with reasons if the trust is created under The Trusts Act, 1882: A bequeaths certain pro...
- A made a gift of a house in favour of B and handed over the deed to B. But before presenting the same for registration A...
- An industry during manufacturing operation had caused major leakage of harmful gas and was ordered to be closed down by ...