FBE2604
ASSIGNMENT 2 SEMESTER 2 2023
, FBE2604 Assignment 2 (COMPLETE ANSWERS) Semester 2 2023
Question: 1
Paul is a trustee of a business involved in the retail of computer equipment.
Although the trust deed makes no provision for it Paul buys a delivery vehicle to
transport the computer equipment.
1.1 Given the requirement that a trustee must preserve trust assets, indicate
whether Paul has acted unlawfully. (5)
1.2 Explain to Paul what his other duties as trustee are by listing five of the other
duties of a trustee. (5)
ASSIGNMENT 2 SEMESTER 2 2023
, FBE2604 Assignment 2 (COMPLETE ANSWERS) Semester 2 2023
Question: 1
Paul is a trustee of a business involved in the retail of computer equipment.
Although the trust deed makes no provision for it Paul buys a delivery vehicle to
transport the computer equipment.
1.1 Given the requirement that a trustee must preserve trust assets, indicate
whether Paul has acted unlawfully. (5)
1.2 Explain to Paul what his other duties as trustee are by listing five of the other
duties of a trustee. (5)
