Which Case Set Out the Principle That Settlors Have to Use

question 2

Multiple Choice

Which case set out the principle that settlors have to use words which show a clear intention to subject the recipient of the property to a binding obligation to hold that property on trust for a beneficiary?

• A)Adams v Lindsell
• B)Re Adams and Kensington Vestry
• C)Pepper v Adams
• D)Kensington v Smith

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Definitions:

Potential Buyers

Individuals or entities that are considered likely prospects or leads for purchasing products or services.

Product Life Cycle

A concept that describes the stages a product goes through from its introduction to the market until it is discontinued.

Pricing Constraint

Limitations or factors that influence the setting of a price for a product or service, such as cost, competition, or customer expectations.

Product Nostalgia

A sentimental longing or affection for past periods or products, often leveraged in marketing to appeal to consumers' emotions.