The fiduciary project

4 important questions on The fiduciary project

Why does the agency relationship involves a high level of trust and reliance?

Because of the power of the agent to bind the principal and deal with her assets.

What does trust involve?

The separation of two aspects of ownership, namely legal ownership and equitable ownership.

How does the trustee appear to third parties?

As the full owner of the assets and able to deal with the assets in its own name.
  • Higher grades + faster learning
  • Never study anything twice
  • 100% sure, 100% understanding
Discover Study Smart

What is the key importance of the trust?

The fact that the trust assets are protected from the creditors of the trustee, whether in its insolvency or otherwise.

The question on the page originate from the summary of the following study material:

  • A unique study and practice tool
  • Never study anything twice again
  • Get the grades you hope for
  • 100% sure, 100% understanding
Remember faster, study better. Scientifically proven.
Trustpilot Logo