Question 1: Describe the equitable maxims.
Question 2: What is meant by the term equity?
Question 3: What is meant by the term fiduciary duty? Set out with illustrations and case law the fiduciary duties of a trustee to beneficiaries.
Question 4: Equitable remedies are discretionary. Illustrate.
Question 5: Set out the requirements in terms of formalities for the creation of a valid trust.
Question 6: What is the legal definition of charity? What problems might occur with charitable status?
Question 7: Set out the differences between a resulting and a constructive trust.
Question 8: What are the rules regarding secret and half-secret trusts and why are they utilized?