CLA2601 Assignment 2 (DETAILED ANSWERS) Semester 1 2025 - DISTINCTION GUARANTEED - DISTINCTION GUARANTEED - DISTINCTION GUARANTEED Answers, guidelines, workings and references ,. 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.
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