Assignment 2
(COMPLETE ANSWERS)
Semester 1 2025
(770920)
DUE 16 April 2025
, ACTIVITIES
Question 1 Lesego and Phumudzo are the trustees of the Build Your Own Home Trust, which carries
on its business in the construction industry. Even though the trust deed of Build Your Own Home
Trust does not explicitly authorise the trustee/s to purchase a back actor to excavate and prepare
building sites for construction, Lesego and Phumudzo purchase a back actor for the Trust.
Considering the requirement that trustees must preserve trust assets, discuss whether Lesego and
Phumudzo have acted lawfully. 5 marks Question 2 Boitumelo and John are considering the creation
of a trust. They have no previous experience of trusts and approach you for legal advice as they need
to understand the meaning and definition of a trust, and the legal nature of trusts. Advise them fully
regarding the above aspects. Refer to relevant case law where applicable.