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FBE2604 Semester 1 Assignment 2 Question1 2025

The document outlines Assignment 02 for the FBE2604 course on Forms of Business Enterprise, focusing on the legal attributes of a trust. Students are required to address differing opinions on trusts held by three individuals and provide legal advice, with the response limited to one page. The assignment emphasizes the importance of including an Honesty Declaration Form and allows for referencing sources without a bibliography.

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0% found this document useful (0 votes)
11 views2 pages

FBE2604 Semester 1 Assignment 2 Question1 2025

The document outlines Assignment 02 for the FBE2604 course on Forms of Business Enterprise, focusing on the legal attributes of a trust. Students are required to address differing opinions on trusts held by three individuals and provide legal advice, with the response limited to one page. The assignment emphasizes the importance of including an Honesty Declaration Form and allows for referencing sources without a bibliography.

Uploaded by

mokoenazanele99
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as PDF, TXT or read online on Scribd
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FBE2604 Assignments 2025

Forms of Business Enterprise

FBE2604

Department of Mercantile Law

Semester 1 - 2025

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FBE2604 Assignments 2025

Assignment 02
This is an ordinary written or typed assignment. Answering this question gives
you practice in answering the type of case law discussion-type questions that
you may expect in the examination. Your answer should not exceed one page.
You may reference your sources as you wish, i.e. in- text, or in footnotes. A
bibliography is not needed but remember to include your Honesty Declaration Form.
Question: 1
Pat and his two sons, Rick and Dave are discussing the legal attributes of a trust. Pat
thinks that trusts have a separate legal existence. Rick is of the view that there is no
distinction drawn between trust assets and private assets of the trustee even though
a trustee is legally the owner of the trust assets. Dave on the other hand, holds the
opinion that parties to a trust may lose more than what is held in the trust. They
approach you for advice on the legal attributes of a trust. Advise them accordingly. (In
your advice, define a trust, deal with each view as presented and then conclude).

TOTAL FOR ASSIGNMENT 02: [10]

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