Equity and trusts law Study guides, Revision notes & Summaries

I scored 87% in Equity and Trusts and received a Distinction (74%) overall in the GDL at the University of Law using these notes. These notes are written in the form of step-by-step exam plans. Compared to standard notes, this will save you lots of time. Most people will make notes during workshops, and then create exam plans nearer exams. Here, you take both steps together. Although the GDL has been replaced with the PGDL in the UK, many of the topics in these notes are still covered. ...

Absolute Advantage The economic advantage one nation enjoys that is absolutely superior to other nations. Accounting Profit Total revenue minus total explicit cost Acquisition a wholly owned subsidiary is created through direct foreign investment. Administrative Policy Bureaucratic rules that make it harder to import foreign goods. Agglomeration Clustering of economic activities in certain locations. Beyond geographic advantages, location-specific advantages also arise f...

CEBS GBA1 Exam Questions with Correct Answers Predictive Modeling and Risk Assessment - Answer-A cost containment practice that analyzes claims data and identifies high risk potentially high cost members and intervenes to avoid preventable cost Performance Measurement - Answer-A cost containment practice that collects data after the fact via a provider assessments, reports, and claims data Case Management - Answer-Cost containment that uses a manager to coordinate members care in coll...

Cannon CTFA Prep Questions with complete Answers 2023 Jean and John Simmons are married and own their own home as tenants by entirety. When John dies the home is valued at $350,000. How much will be counted in his gross taxable estate? A. None, as it passes directly to his spouse, Jean. B. $175,000 - or one-half of the value C. $225,000 - or the full amount minus the $125,000 one-time exclusion for capital gains on a person residence. D. $350,000 - the full amount is includable. B. $175,...

License Termination - ANSWER-This happens to an agent who willfully "over insures" a Property & Casualty or Health Insurance policy. The State of Florida - ANSWER-The only Location/Geography where a Florida Personal Lines Agent can transact Personal Lines Property & Casualty business? Rebating - ANSWER-Returning a portion of the premium or the agent's commission on the premium to the insured or other inducements to place business with the agent. Defamation - ANSWER-The action of dama...

OUTLINE CONTENTS PART A INTRODUCTION 1 1 What’s special about land? 3 2 What is land? 27 3 Human rights and land 59 PART B THE CONTENT QUESTION 123 4 Legal estates and legal interests 125 5 Equitable interests 145 6 Direct rights 167 PART C1 THE ACQUISITION QUESTION 189 7 Formal methods of acquisition: contracts, deeds, and registration 191 8 Informal methods of acquisition: adverse possession 246 PART C2 THE ACQUISITION OF AN EQUITABLE INTEREST IN LAND 289 9 Th e doctri...

OUTLINE CONTENTS PART A INTRODUCTION 1 1 What’s special about land? 3 2 What is land? 27 3 Human rights and land 59 PART B THE CONTENT QUESTION 123 4 Legal estates and legal interests 125 5 Equitable interests 145 6 Direct rights 167 PART C1 THE ACQUISITION QUESTION 189 7 Formal methods of acquisition: contracts, deeds, and registration 191 8 Informal methods of acquisition: adverse possession 246 PART C2 THE ACQUISITION OF AN EQUITABLE INTEREST IN LAND 289 9 Th e doctri...

80/20 rule 80 percent of problems are caused by 20 percent causes. Pareto chart. LMRDA (Labor Management Reporting and Disclosure Act) Taft Hartley act, one regulation is prohibition of closed shops and the allowances of union shops with the consent of the majority of employees. Zipper clause an employment agreement in which both parties waive the right to demand bargaining on any matter not dealt with in the contract, regardless of whether that matter was contemplated when the contract was...

CTFA - Fiduciary & Trust Activities Questions with complete Answers 2023 Constructive Trusts A fraud rectifying trust, imposed by a court to protect those who lose property to a wrongdoer Resulting Trust An intent enforcing trust based upon the presumed intent of a transferor of property Implied Trust An implied trust is an element of trust law, and refers to a trust that has not been "expressly created by the settlor."[1] There are two types of implied trust: Construc...