Bank Account Related Quiz Questions

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Bank Quizzes & Trivia

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Questions and Answers
  • 1. 
    S9 of the wills act 1837 is??
    • A. 

      Advancement or maintenance of fund for children

    • B. 

      Formalities, in writing, signed, presence of 2 witnesses

    • C. 

      Formalities, in writing, signed, presence of 2 witnesses, conditions have to comply to be effective

    • D. 

      Formalities, in writing, signed

  • 2. 
    Trusts in relation to land, principles are in...
    • A. 

      Law of property act 89

    • B. 

      LPA 25' s.53(1)

    • C. 

      LPA 25' s.66(2)

    • D. 

      LPA 89 s.2

  • 3. 
    A couple paid various amounts from compensation claims and bingo winnings into  X's bank account, Mr.X died and no will, proeprty left to his extranged wife.
    • A. 

      Richards v Delbridge, no deed and therefore no transfer of legal title and not rust as no itnention to act as trustee

    • B. 

      Paul v Constance., money was not on trust for her

    • C. 

      Jones v Lock, no gift as would require it to be transfered under fatehrs endorcement

    • D. 

      Paul v Constance- money was held on trust for her

  • 4. 
    • A. 

      Yes and only in writing if s.52(1)(c) requires it

    • B. 

      No as s 53(1)(b)

    • C. 

      Yes if in writing with s 53(1)(b)

    • D. 

      Grange v Wilberforce- dropping out principle where trustee duplicates head trustees duties

  • 5. 
    Dispositions of subsiting equitable interests must be...
    • A. 

      S53(1)(c) LPA 25' written, signed or in a will

    • B. 

      Must be a surrender of a equitable interest as in Grey v IRC

    • C. 

      Must be in writing and signed

    • D. 

      It is not required if the beneficiary of a trust directs the trustee to transfer legal title, Vandervell v IRC

  • 6. 
    Nevil v wilson is where a
  • 7. 
    Trust=
  • 8. 
    What act provides a reaosnable maintenance out of your estate if you haven't provided for them?
  • 9. 
    What is the significance of the case Rouchefoucauld v Boustead [1984]
  • 10. 
  • 11.