Classic
Quiz General knowledge

Quiz The Equitable Proprietary Claim and Tracing

35 played - 11 yrs ago

A quiz about English trusts law on the equitable proprietary claim and tracing

 

Hard QUIZ 21 QUESTIONS
hard
1

In which case was the trust property traceable into its new form?

2

In which case was the property not traceable into its new form?

3

What is the pari passu rule?

4

Which case held that the pari passu rule applies to negative and positive gains/losses?

5

What is the exception to the pari passu rule?

6

Which case gave rise to the first in first out rule

7

Which case thought that the pari passu rule would be fairer than the first in first out rule?

8

Which cases held that the rule first in first out rule won't be applied if it is unfair?

9

What is a fungible?

10

Which case held that there is a presumption against a wrongdoer?

11

Which case held that the money taken out first to invest was the trust money?

12

Why was the trust property not traceable into the houses in Re Tilley?

13

Which case created the lowest intermediate balance rule?

14

Which case rejected the swollen assets theory?

15

Which two cases could be interpreted as swollen assets theory?

16

Which case suggested that swollen assets theory should exist?

17

Which case held that you cannot have backwards tracing?

18

What was the trust money used to pay for in Foskett v McKeown?

19

What was the trust money spent on in Lipkin Gorman v Karpnale?

20

In which case was a fiduciary duty constructed?

21

Which case suggested that for stolen property there should be a proprietary claim?