FBE2604 ASSIGNMENT 2 MEMO - SEMESTER 2 - 2023 - UNISA - DUE DATE: - SEPTEMBER 2023 (DETAILED MEMO – FULLY REFERENCED – 100% PASS - GUARANTEED)
Question: 1 Paul is a trustee of a business involved in the retail of computer equipment. Although the trust deed makes no provision for it Paul buy...
Based on the information provided. Paul has acted unlawfully as a trustee.
As a trustee, Paul has a legal obligation to act in the best interest of the trust beneficiaries
and preserve trust assets. However, the trust deed does not make any provision for
purchasing a delivery vehicle.
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