- 6 Marks
BL – Nov 2013 – L1 – SB – Q6c – Law of Trusts
Listing three types of authorized securities under the Trustee Investments Act.
Question
Ade is a Trustee of the Estate of late Konga. Konga’s Will empowered the Trustees of his Estate to invest in securities authorized by the Trustee Investments Act.
You are required to:
State THREE of such authorized securities, without stating the limit of the investment. (6 Marks)
Find Related Questions by Tags, levels, etc.
- Tags: Investment, Trust Law, Trustee Obligations
- Level: Level 1
- Topic: Law of Trusts
- Series: NOV 2013
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