The Trustees of Land Over Which There Is a Trust

question 29

True/False

the trustees of land over which there is a trust concerning successive ownership governed by Trusts of Land and Appointment of Trustees Act 1996 are subject to the normal trust duties.

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Definitions:

Target Payoffs

Expected or desired financial returns from an investment strategy or economic activity.

Collusion

An agreement between firms, typically secret, to limit competition among themselves, such as by setting prices or output levels.

Diagram

A simplified drawing showing the appearance, structure, or workings of something in a conceptual or visual form.

Profits

The financial gain realized when the revenue earned from a business activity exceeds the expenses, costs, and taxes needed to sustain the activity.