Critically analyze how trustees limit their liabilities including a provision in their contract of appointment and exclude liability for a range of defaults .

Unit 02: – Commercial Trust Law

Introduction

This unit explores the law of trusts in the international context, comparing doctrine in different jurisdictions and exploring the theoretical implications of such differences.

Topic

In the commercial trust law, you have been given following tasks to write an assignment of minimum 3000 words in length to meet assessment criteria (A.C).

Task 1:

Evaluate the basic principles of Equity as a part of English System of Law. Guideline word count: 1500-2000 words

A.C. 1.1 – Explain the mechanics of creating express trust including rights of beneficiaries. A.C. 1.2 – Distinguish different types of trust with analysis of nature of respective rights and obligations of the parties to the trust

Task 2:

Analyse the way trusts are used in commercial transactions and issues are dealt according to the norms of contract and trusts law.

Guideline word count: 1500-2000 words

A.C. 2.1 – Explain the particular context of commercial transaction into contact with trusts law and equity.

A.C. 2.2 – Demonstrate the interactions between contract law and trusts law and explain how trusts are not bound up with contract.
Assignment Brief – Commercial Trust Law
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A.C. 2.3 – Critically analyze how trustees limit their liabilities including a provision in their contract of appointment and exclude liability for a range of defaults .
Learners are required to complete all tasks.

Assignment Guidelines All work must be submitted in a single electronic document (.doc file).

Overall word count guide: 3000 – 4000

Plagiarism and Collusion In submitting the assignment Learner’s must complete a statement of authenticity confirming that the work submitted for all tasks is their own. The statement should also include the word count. Plagiarism and collusion are treated very seriously. Plagiarism involves presenting work, excerpts, ideas or passages of another author without appropriate referencing and attribution. Collusion occurs when two or more learners submit work which is so alike in ideas, content, wording and/or structure that the similarity goes beyond what might have been mere coincidence. Appendices Separate Appendices should not be used. Any use of tables, graphs, diagrams, Gantt chart and flowcharts etc. that support the main report should be incorporated into the back of the assignment report that is submitted. Any published secondary information such as annual reports and company literature, should be referenced in the main text of the assignment but not included. Confidentiality Where a Learner is using organizational information that deals with sensitive material or issues, they must seek the advice and permission from that organization about its inclusion. Where confidentiality is an issue, Learners are advised to anonymize their assignment report so that it cannot be attributed to that particular organisation. Word Count Policy In total, the assignment report should be between 3000 – 4000 words. Learners must comply with the required word count, within a margin of +10%. These rules exclude the index (if used), headings and information contained within references and bibliographies. When an assessment task requires learners to produce presentation slides with supporting notes, the word count applies to the supporting notes only. Referencing and Professionalism A professional approach to work is expected from all learners. Learners must therefore identify and acknowledge ALL sources/methodologies/applications used. The learner must use an appropriate referencing system to achieve this. Marks are not awarded for the use of English; however the learner must express ideas clearly and ensure that appropriate terminology is used to convey accuracy in meaning. Submission of Assignments All work must be submitted in a single electronic document (.doc/.docx file).

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