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After the successful completion of this lecture, you will be able to learn about the following;
- Understand the Principles and nature of Equity.
- Understand the history, concept, and rationale of a Trust.
- Determine different types of Trusts.
- Analyse the nature of respective rights and obligations of the parties in a trust.
- Analyse the rationale behind the commercialisation of Trust.
- Determine the impact of the commercialisation of Trust.
- Understand the relation between Trust and contract.
- Understand the difference between Trust and other contracts.
- Elaborate on different types of commercial Trusts.
- Understand rules framing Trust under different jurisdictions.
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