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MRL2601 Assignment 1 Semester 2 2024 (867833) - DUE 27 August 2024
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MRL2601 Assignment 1 Semester 2 2024 (867833) QUESTIONS AND ANSWERS
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[Company name]MRL2601
Assignment 1
Semester 2 2024
(867833) - DUE 27
August 2024
QUESTIONS WITH DETAILED ANSWERS
, MRL2601 Assignment 1 Semester 2 2024 (867833) - DUE 27 August
2024
QUESTION 1
Explain, with reference to relevant prescribed case law for this module, how
the court determines whether a specific business is a partnership. (10)
QUESTION 2
Explain the difference between the two types of trusts envisaged in the
Trust Property Control Act 57 of 1988. (5)
QUESTION 3
Briefly explain what the purpose of the establishment of a trust is and what
parties are involved in a trust.
### MRL2601 Assignment 1 Semester 2 2024
#### QUESTION 1
**Explain, with reference to relevant prescribed case law for this module,
how the court determines whether a specific business is a partnership.
(10)**
To determine whether a specific business is a partnership, courts typically
examine the elements of a partnership as established in case law. These
elements include:
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