The course explores the principles and nature of Equity as a separate and fundamental source of common law.
The course introduces critical historical events that contributed to the birth of this legal system. The course presents an in-depth analysis of Trust and Trust mechanisms, elaborates on different types of Trusts, and presents the nature of respective rights and obligations of the parties in a trust.
In addition, the course explores the rationale behind the commercialisation of Trust and explains the impact of using Trusts as commercial vehicles. The course introduces some practical examples of the relationship between Trust and contract and explains the difference between Trust and other contracts.
The course also elaborates on different types of commercial Trusts and presents the rules framing Trusts under different jurisdictions.
After the successful completion of this lecture, you will be able to learn about the following;