problem 1: Describe, with exs, what is meant by the separation of ownership into equitable and legal title.
problem 2: Outline the difference between the common law and equity. Give some illustrations of equitable maxims and equitable remedies.
problem 3: What is the nature of a trust? Differentiate trusts from similar common law concepts.
problem 4: Describe the difference between a trust and a contract. Give illustrations in your answer.
problem 5: What are the three certainties? In brief describe the beneficiary principle.
problem 6: What is the rule against perpetuities? Outline the rationale for the rule.
problem 7: Outline the legal position on the difference between a resulting and a constructive trust.
problem 8: In brief describe some of the powers, discretions and duties of trustees. What are the remedies for breach of trust?