Classic Quiz
Quiz General knowledge

Quiz Trusts Law

Diamondsareforever
Diamondsareforever
266 played - 12 yrs ago

A quiz about trusts law including the basic building blocks.

 

Hard QUIZ 30 QUESTIONS
hard
medium
 
Question 1 / 30

Which case held that decisions of the Court of Chancery will prevail?

medium
 
Question 2 / 30

Which act started procedural fusion of law and equity?

expert
 
Question 3 / 30

Which of these is not an example of equity being a gloss on the common law?

hard
 
Question 4 / 30

Which of these is not an area of equity?

expert
 
Question 5 / 30

How many maxims of equity are there said to be?

expert
 
Question 6 / 30

Who said "The two streams of jurisdiction, though they run in the same channel, run side by side and do not mingle their waters"

expert
 
Question 7 / 30

Which case is this phrase taken from "... the waters of the confluent streams of law and equity have surely mingled by now"

expert
 
Question 8 / 30

Which case talked of "harmonious development"?

medium
 
Question 9 / 30

What is a testamentary trust?

medium
 
Question 10 / 30

What is an inter-vivos trust?

expert
 
Question 11 / 30

What is capital?

medium
 
Question 12 / 30

What type of trust is this : 'Settlor chooses to create trust and sets out to create trust'?

expert
 
Question 13 / 30

What type of trust is this "this property is on trust, hold it on trust and await my further instruction"

expert
 
Question 14 / 30

Which case held that the trustees must exercise the discretion themselves?

expert
 
Question 15 / 30

Which case held that the trustees must make appropriate inquiries?

expert
 
Question 16 / 30

What type of trust is in Burrough v Philcox?

hard
 
Question 17 / 30

What type of trust was in Re Baden?

expert
 
Question 18 / 30

Which case held that with relation to powers of appointment both trustees have to agree?

expert
 
Question 19 / 30

Which case held that T was obliged to exercise discretion?

hard
 
Question 20 / 30

Which case gave rise to this rule "If all B's under trust are of full age and are competent then if they all agree then trust can be terminated and property divided in such way as they agree"

expert
 
Question 21 / 30

Which case is often regarded as mistaken?

expert
 
Question 22 / 30

What will the courts do if T doesn't act on a fixed trust?

expert
 
Question 23 / 30

When did large discretionary trusts first appear?

hard
 
Question 24 / 30

Which of these does not have a duty to distribute?

medium
 
Question 25 / 30

Which of these does not have discretion?

hard
 
Question 26 / 30

What must T do with regards to a discretion?

hard
 
Question 27 / 30

Which of these is not an advantage of a discretionary trust?

hard
 
Question 28 / 30

Which of these is a disadvantage of a discretionary trust?

medium
 
Question 29 / 30

What type of trust is this "To my children in equal shares"?

medium
 
Question 30 / 30

What are public trusts for?

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