Equity and Trusts essay watch
- Thread Starter
- 06-02-2010 13:54
- 06-02-2010 16:47
Regarding 2, a pet is not a legally recognised person. Essentially, a trust in favour of a pet will fail as a private purpose trust unless it is interpreted as a trust in favour of the pet's owner for the purpose of looking after the pet.
Regarding 4 you need to discuss when making something contingent on the opinion of a third party is an acceptable way to resolve uncertainty