Which of the Following Is Not Recognised as Valuable Consideration

question 1

Multiple Choice

Which of the following is not recognised as valuable consideration in equity for the creation of a trust?

• A) Settlement made by the settlor in contemplation of his daughter's marriage.
• B) Payment of £10,000 to the settlor.
• C) The fact that an agreement was made in a deed.
• D) Transfer of a valuable painting to the settlor.

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Definitions:

Exclusive Representation

The legal right and responsibility of a union to be the sole representative of all employees in a bargaining unit, negotiating on their behalf for wages, hours, and other terms and conditions of employment.

Majority Support

The condition in which the greater part of a specific group or majority holds a particular opinion or position.

Nonmajority Unions

Labor unions that represent a subset of employees within a workplace or industry, rather than holding majority support among all workers.

Works Councils

Committees established within companies to represent employees, generally focusing on issues of workplace policy, conditions, and other work-related matters, more common in European labor models.