Trustee - Study guides, Revision notes & Summaries

RRLLB81 ASSIGNMENT 02 SEMESTER 02 ANSWERS DUE 26 SEPTEMBER 2024 MERCANTILE LAW TOPIC 1: INSURANCE LAW LIABILITY INSURANCE IN SOUTH AFRICAN LAW AS A COMPLEX FORM OF INDEMNITY INSURANCE Background There are several classifications of insurance; the most common is the distinction between indemnity insurance (also referred to as non-life insurance) and non-indemnity insurance (also referred to as life insurance). With indemnity insurance, the insurer indemnifies the insured for loss or da...

Texas Auctioneer License Part 2 Exam Questions and Correct Answers Name some persons that are exempt from needing an auctioneer license. - CORRECT ANSWERS 1. U.S. court ordered sale 2. A government sponsored or conducted sale. 3. A charitable organization as long as no compensation 4. A sale of real property by a trustee under a security instrument. 5.A sale of real property by an owner with an interest or employee (unless he/she is a licensed auctioneer by trade) and all pr...

See the table below and match the columns to answer the following questions. Case Name: Ratio decidendi of the case: Area of Insolvency Law applicable: (a) Amod v Khan 1947 (2) SA 432 (N) The relief sought in a sequestration application is directed at diminishing the legal status and capacity of a particular individual debtor, so it should pertain to that debtor’s circumstances only. Section 9 (4A) of the Insolvency Act 24 of 1936. (b) Ex Parte Arntzen (Nedbank Ltd as Intervening Cred...

FBE2604 Assignment 2 (COMPLETE ANSWERS) Semester 2 2023. 100% CORRECT questions, answers, workings and explanations. Whatsapp +25479 093 7672 for assistance.......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 buys a delivery vehicle to transport the computer equipment. 1.1 Given the requirement that a trustee must preserve trust assets, indicate whether Paul has acted unlawfully. (5) 1.2 Explain to...

CQIB All Possible Questions and Answers 2023 with complete solution Mutually owned co-operative financial institutions offering benefits to members through a trust-like structure" describes which type of Insurer/Fund Manager? Friendly Society Which is the decision-making process of framing? To remove the 'noise' from an issue to allow us to see the problem for what it is Under the RG271 what is the maximum timeframes for IDR response for a Superannuation trustee complaints? 45 days af...

Colorado Real Estate – Contracts Exam Questions and Answers 100% Pass vicarious liability - Correct Answer ️️ -a principal's liability for an agent's acts performed within the scope of the agency; specifically excluded by Colorado statute from a principal's liability unless the act or omission was approved, directed or ratified. (The employing broker is responsible to licensees actions) Sam is an associate broker who wishes to purchase investment property. What must Sam do when t...

~ The maximum amount of money that may be paid for any one licensee from the Recovery Fund is: - $20,000 - $30,000 - $40,000 - $90,000 - - $90,000 ~ By June 30, the Real Estate Recovery Fund MUST maintain a balance of: - $200,000 - $250,000 - $300,000 - $600,000 - - $600,000 ~ The real estate Commissioner is appointed by the: - Governor. - Advisory Board. - Legislature. - Brokers within the state. - - Governor ~ The primary purpose of real estate licensing is to: - Have trained p...

Tennessee National Portion REAL ESTATE EXAM Latest 2024 Graded A+ A corporation is - Answer ️️ -a legal entity that can buy and sell real estate as set out in its charter. Ownership in severalty is - Answer ️️ -property owned by one individual or corporation. A house is owned by three joint tenants, and one of the owners, as permitted by state law, sells that interest to a new owner. The result is a - Answer ️️ -tenancy in common between the new owner and the remaining joint t...

MRL3701 Assignment 1 (ANSWERS) Semester 2 2023 100% TRUSTED workings, explanations and solutions. For assistance call or whatsapp us on +25477 954 0132 . QUESTION: 10 Marks See the table below and match the three columns to answer the following questions. You must therefore answer the question as follows on your answer sheet (see ONLY AN EXAMPLE below) and do so for every question (a) – (e). (a) 1. Case name: Ex Parte Snooke 2014 (5) SA 426 (FB) (1/2 mark) 2. Ratio decidendi of the ...

LPL4805 PORTFOLIO MEMO - MAY/JUNE 2023 - SEMESTER 1 - UNISA - (DETAILED ANSWERS - DISTINCTION GUARANTEED!) Question 1. 1.1.1. Distinguish between an inter vivos trust and mortis causa trust (10) 1.1.2. The founder of a trust, together with the trustee has just executed a deed of trust before you, a notary. Indicate the key requirement that the trustee must be in order qualify to act as such. (1) 1.1.3. What must still be complied with in respect of the deed of trust and the trustee befor...