Course Code ppl424 Question Ugo, a staunch follower of John Rawl's Justice theory, believes that welfare of citizens are paramount and public goods should be for the general public . He also believes in the philosophy of social contract. He desires to set up a trust for the furtherance of the teaching of the justice theory. What would your answer likely be? Answer It is a charitable trust but does not constitute the advancement of religion because it does not concern the relationship between man and God Question Kaka decides to create a trust of his landed property at Agboju village to Nimi his daughter. He has been adviced that there are some formalities that are required. Which of the following option is not an essential requirement ? Answer Nimi, as the beneficiary must also sign the Will or Trust Question Kaka decides to create a trust of all his personalties in favour of Nimi and Ada. He wants to give Nimi his shoes, LED curve TV and his leather chairs while he intends to give Ada all his kitchen wares. He has come to you for advice on what needs to be done in order to create the trust. Which of the following is the correct position? Answer Kaka must show a manifest intention to create a trust. He may just deliver the goods to the beneficiaries without more. Question The nature of trust created under the Land Use Act can be referred to as Answer Bare trust Question A fundamental difference between the concept of trust under customary law from that under English law is that : Answer The trustee under English law is regarded as owner while customary law ownership is mere caretaker Question A contribution of the Statute of Mortmain concerning the origin of trust is Answer it was used to prevent the transfer of land to corporations and ecclesiastical foundations Question One of the ways the court of Chancery do punish defendants who disobey its orders Answer committal to prison for contempt Question Mr. A is a knight under the King's authority. At the break of the odysey war, Mr. A had to go to war to defend his kingdom. In case he does not come back from the war, he conveyed all his property to Mr. B, his bosom friend, to hold for wife and his son, Humphrey, who is just 7years old. In the equitable jurisdiction of the court of Chancery, Mr. A is referred to as : Answer settlor Question Mr. A is a knight under the King's authority. At the break of the odysey war, Mr. A had to go to war to defend his kingdom. In case he does not come back from the war, he conveyed all his property to Mr. B, his bosom friend, to hold for wife and his son, Humphrey, who is just 7years old. Under the common law arrangement, Humphrey and his mother are referred to as the : Answer cest qui use Question Mr. A is a knight under the King's authority. At the break of the odysey war, Mr. A had to go to war to defend his kingdom. In case he does not come back from the war, he conveyed all his property to Mr. B, his bosom friend, to hold for wife and his son, Humphrey, who is just 7years old. Under the common law arrangement, Mr. B is referred to as the : Answer feofee Question Ugo, a staunch follower of John Rawl's Justice theory, believes that welfare of citizens are paramount and public goods should be for the general public . He also believes in the philosophy of social contract. He desires to set up a trust for the furtherance of the teaching of the justice theory. What would your answer likely be? Answer It is a charitable trust but does not constitute the advancement of religion because it does not concern the relationship between man and God Question Kaka decides to create a trust of his landed property at Agboju village to Nimi his daughter. He has been adviced that there are some formalities that are required. Which of the following option is not an essential requirement ? Answer Nimi, as the beneficiary must also sign the Will or Trust Question Kaka decides to create a trust of all his personalties in favour of Nimi and Ada. He wants to give Nimi his shoes, LED curve TV and his leather chairs while he intends to give Ada all his kitchen wares. He has come to you for advice on what needs to be done in order to create the trust. Which of the following is the correct position? Answer Kaka must show a manifest intention to create a trust. He may just deliver the goods to the beneficiaries without more. Question The nature of trust created under the Land Use Act can be referred to as Answer Bare trust Question A fundamental difference between the concept of trust under customary law from that under English law is that : Answer The trustee under English law is regarded as owner while customary law ownership is mere caretaker Question A contribution of the Statute of Mortmain concerning the origin of trust is Answer it was used to prevent the transfer of land to corporations and ecclesiastical foundations Question One of the ways the court of Chancery do punish defendants who disobey its orders Answer committal to prison for contempt Question Mr. A is a knight under the King's authority. At the break of the odysey war, Mr. A had to go to war to defend his kingdom. In case he does not come back from the war, he conveyed all his property to Mr. B, his bosom friend, to hold for wife and his son, Humphrey, who is just 7years old. In the equitable jurisdiction of the court of Chancery, Mr. A is referred to as : Answer settlor Question Mr. A is a knight under the King's authority. At the break of the odysey war, Mr. A had to go to war to defend his kingdom. In case he does not come back from the war, he conveyed all his property to Mr. B, his bosom friend, to hold for wife and his son, Humphrey, who is just 7years old. Under the common law arrangement, Humphrey and his mother are referred to as the : Answer cest qui use Question Mr. A is a knight under the King's authority. At the break of the odysey war, Mr. A had to go to war to defend his kingdom. In case he does not come back from the war, he conveyed all his property to Mr. B, his bosom friend, to hold for wife and his son, Humphrey, who is just 7years old. Under the common law arrangement, Mr. B is referred to as the : Answer feofee Try Another Search