IBL702 Commercial Trust Law (M/617/4823) IBL702 Assignment Brief Qualification Qualifi Level 7 Diploma in Law – 610/2558/6 Unit Code IBL702 Unit Title Commercial Trust Law Unit Reference M/617/4823 Credits 20 TQT 200 GLH 80 Assignment Aim This unit explores the law of trusts in the international context, comparing doctrine in different jurisdictions and exploring the theoretical implications of such differences.
Learning Outcomes And Assignment Criteria Learning Outcomes: To achieve this unit the the learner must be able to: Assessment Criteria: Assessment of these outcomes demonstrates the learner can:
- Evaluate the basic principles of Equity as a part of English System of Law. 1.1. Explain the mechanics of creating express trust including rights of beneficiaries. 1.2.Distinguish different types of trust with analysis of nature of respective rights and obligations of the parties to the trust
- Analyse the way trusts are used in commercial transactions and issues are dealt according to the norms of contract and trusts law. 2.1.Explain the particular context of commercial transaction into contract with trusts law and equity 2.2. Demonstrate the interactions between contract law and trusts law and explain how trusts are not bound up with contract.
2.3. Critically analyse how trustees limit their liabilities including a provision in their contract of appointment and exclude liability for a range of defaults