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Quiz Trustees Duty of Investment


Diamondsareforever
5 played - 10 yrs ago
A quiz about English law relating to the trustees duty of investment
 
QUIZ 17 QUESTIONS
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1

What is a fund?

2

Which of these is not a form of investment?

3

Which of these is not a form of capital?

4

Which of these is not a form of debt investment?

5

Which of these is a form of equity investment?

6

Which of these is not an advantage of debt investment?

7

What method was created under The Trustee Investment Act 1961?

8

What did inflation reach in the 1970's?

9

What amount of equity investment were you allowed to invest up to after the 1990's alterations to the 1961 act?

10

Which (now repealed) case held that gold wasn't an investment?

11

Which case held that a trustee discharges his duty of care if he takes all the precautions that an ordinary man of business would take?

12

Why was the trustee liable in Leoroyd v Whitely?

13

Which case held that you can't judge investment by hindsight?

14

Which case held that where there is an exclusion of liability clause T's aren't liable unless there is willful default?

15

Which case suggested there should be reform with regards to professional liability?

16

Which case held that because the trustees were professionals they were subject to a higher standard?

17

Which section of the Trustee Act 2000 contains standard investment criteria?


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