Equity ws 1 and 2 3.0 / 5 based on 1 rating ? AllUniversityNone Created by: HannahCreated on: 07-04-13 17:44 What are the three certainties required to make a gift? Intention, subject, object 1 of 14 Name the case: intention of gift: donor must have necessary mental capacity Re Beany 2 of 14 Gift: what must the subject matter be? a tangible benefit 3 of 14 Bulk of Palmer v Simmons 4 of 14 Object must be certain 5 of 14 trust with self as trustee: intention must be.. binding obligation on trustee 6 of 14 what is ascertained by words or conduct? intention 7 of 14 what is the beneficiary principle? need an identifiable human beneficiary who can enforce the trust 8 of 14 rules against perpetuity for discretionary trusts 80 years 9 of 14 how to transfer shares complete and sign STF, send STF and share certificate to transferee, transferee must send docs to company and register new owner 10 of 14 equity will perfect and imperfection: name the exceptions Milroy v Lord, strong v bird, Re rose, Pennington v Waine, Choithram v Pagarani 11 of 14 when can strong v bird be used? death of donor 12 of 14 Re rose is referred to as? every effort test 13 of 14 Choithram v Pagarani- gift may be interpreted as .. a trust 14 of 14
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