Exam (elaborations)
MRL2601 Assignment 1 Semester 2 2024 (867833) - DUE 27 August 2024
- Course
- MRL2601 (MRL2601)
- Institution
- University Of South Africa
MRL2601 Assignment 1 Semester 2 2024 (867833) - DUE 27 August 2024
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MRL2601 Assignment1 Semester 2 2024
(867833) - DUE 27
August 2024
QUESTIONS WITH COMPLETE ANSWERS
[DATE]
[COMPANY NAME]
[Company address]
, 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.
QUESTION 1
Determining Whether a Business is a Partnership
To determine if a business is a partnership, courts consider several factors
derived from common law principles and case law. The landmark case of
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