A plaintiff, who sets up a plea of coercion has to establish all, but one, of the following
A. The utterance of threat
B. It should proceed from a party to the contract or be immediately directed against the party whom, it is intended to coerce, to enter into the contract
C. Of an act forbidden by the Indian Penal Code
D. With the intention of compelling the plaintiff to make the agreement complained of
Select an option to see the answer and solution.
Who can create trust among these?
A. Convict
B. Lunatic
C. Alien
D. Infant
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Where the object of the transfer is illegal, the court will not help the transferor in
A. The question of relief on a matter of public policy
B. Where the illegal purpose is not carried into execution
C. Where the transferor is not as guilty as the transferee
D. The effect of permitting the transferee to retain the property might be to defeat the provisions of any law
Select an option to see the answer and solution.
Who among the following cannot become beneficiary?
A. The Government
B. Unborn child
C. Corporation
D. Alien
Select an option to see the answer and solution.
Which of the following Sections of the Indian Trust Act deals with liability for breach of trust?
A. Section20
B. Section21
C. Section 22
D. Section 23
Select an option to see the answer and solution.
Instances of passive breach of trust excludes
A. Neglect to enforce a covenant
B. Neglect to ask for, and obtain the title deeds relating to the settled property
C. Non-conversion of the trust estate directed to be converted
D. Buying of trust property by trustee on his own account
Select an option to see the answer and solution.
Where the trust property consists of money and cannot be applied immediately or at an early date to the purposes of the trust, the trustee is bound (subject to any direction contained in the instrument of trust) to invest the money on the specified securities and on no others. Which Section of the Indian Trusts Act, 1882 contains this provision?
A. Section18
B. Section19
C. Section20
D. Section21
Select an option to see the answer and solution.
For creating a trust of moveable property, it is not necessary that
A. There must be a declaration of intention to create a trust
B. The purpose of trust be specified
C. The beneficiary and the trust property be identified
D. The property is physically transferred to the trustee
Select an option to see the answer and solution.
A bequeaths certain property to B, having full confidence that he will dispose of it for the benefit of C
A. This creates a trust so far as regards A and C
B. This does not create a trust so far as regards A and C
C. Depends
D. None of the above
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The so-called "The Statute of "Frauds" still noted in the Schedule of the Indian Trusts Act, 1882
A. Has no application in India
B. Has application in India
C. Has application in India if Indian Courts follow
D. Has application in India by Indian Arbitration Tribunal
Select an option to see the answer and solution.
Who gave the following comment?
"Trust is the very centre and kernel of Equity"
A. Bacon
B. Story
C. Snell
D. Hanbury
Select an option to see the answer and solution.
A trust is not extinguished
A. When its purpose is completely fulfilled
B. When its purpose becomes unlawful
C. When the trust being revocable is expressly revoked
D. While the trustees have transferred their interests
Select an option to see the answer and solution.
Duties of trustee excludes
A. Duty to acquaint himself with the trust property
B. Duty to transfer the same to himself
C. Duty to mix the private property with the trust property
D. Duty to get in trust-moneys invested on insufficient or hazardous security
Select an option to see the answer and solution.
Which of the following Trusts have been considered to be valid?
A. Trust for superstitious purposes
B. Trusts prohibiting or restricting the right of partition of a Hindu joint family property
C. Trust to accumulate property for ninety-nine years
D. Trust for the purpose of blocking up the windows of a house for twenty years
Select an option to see the answer and solution.
The word "Trust" was first time used in ancient legal world by
A. French Lawyers
B. Greek Lawyers
C. English Lawyers
D. Swiss Lawyers
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Which section of the Indian Trusts Act, 1882 describes the persons competent to create trust?
A. Section 6
B. Section 7
C. Section 8
D. None of the above
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Which of the following persons is not necessary for creation of trust?
A. Beneficiary
B. Trustee
C. Author of trust
D. Legal representative
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Under which section of the Indian Trusts Act 1882, Liability for breach of trusts has been provided?
A. Section 21
B. Section 23
C. Section 25
D. Section 19
Select an option to see the answer and solution.
Who out of the following cannot create a trust?
A. A person of 21 years of age
B. An advocate
C. A minor
D. A juristic person
Select an option to see the answer and solution.
The concept of 'trusts' originated in
A. France
B. Germany
C. England
D. Rome
Select an option to see the answer and solution.