0
What else can I help you with?
Explain what you understand by doctrine privity?
The doctrine of privity refers to the legal principle that contracts only create rights and obligations for the parties directly involved in the agreement. This means that third parties, who are not part of the contract, generally cannot enforce its terms or claim benefits from it. However, there are exceptions, such as in cases where a statute allows third-party rights or in situations involving trusts. Overall, the doctrine emphasizes the exclusive nature of contractual relationships.
What were the arguments for and against trusts?
8===================D
The goal of the sherman antitrust act was to?
to prevent monopolies by big corporations or trusts-study island-
Why are trusts considered to be bad for estate planning and asset protection?
Trusts are often seen as unfavorable for estate planning and asset protection because they can be complex and costly to set up and maintain. Additionally, trusts may not always provide the level of control and flexibility that individuals desire over their assets. Furthermore, trusts can sometimes be subject to legal challenges and may not always offer the level of protection from creditors that individuals may expect.
Why did Progressives want to see trusts broken up?
it because the
Why Constructive trusts are often called involuntary trust because the parties involved do not have to?
participate
What does the term asset protection trusts refer to?
The term "Asset Protection Trusts" refers to trusts that are to provide funds that are held on a discretionary basis. These trusts are usually set up to avoid taxation and bankruptcy.
State several specific business practices that Rockefeller seems to justify in his comment to his Sunday school class?
Social Darwinism and the establishment of monopolies and trusts.
What is A loose association of business that make the same product?
It's a cartel. Cartels were usually formed in secret. and were basically a way to form trusts legally. (For trusts were illegal.)
What is called a loose association of business that make the same product?
It's a cartel. Cartels were usually formed in secret. and were basically a way to form trusts legally. (For trusts were illegal.)
Explain what you understand by doctrine privity?
The doctrine of privity refers to the legal principle that contracts only create rights and obligations for the parties directly involved in the agreement. This means that third parties, who are not part of the contract, generally cannot enforce its terms or claim benefits from it. However, there are exceptions, such as in cases where a statute allows third-party rights or in situations involving trusts. Overall, the doctrine emphasizes the exclusive nature of contractual relationships.
What happens if an irrevocable trust document has errors?
The parties must seek the legal advice of an expert in trust law. Errors in trusts can be costly to correct and generally must be taken before a court of equity for a court ordered correction or reformation of the trust.The parties must seek the legal advice of an expert in trust law. Errors in trusts can be costly to correct and generally must be taken before a court of equity for a court ordered correction or reformation of the trust.The parties must seek the legal advice of an expert in trust law. Errors in trusts can be costly to correct and generally must be taken before a court of equity for a court ordered correction or reformation of the trust.The parties must seek the legal advice of an expert in trust law. Errors in trusts can be costly to correct and generally must be taken before a court of equity for a court ordered correction or reformation of the trust.
What did most progressives want to break up and regulate large companies?
trusts~apex
Are trusts recorded documents?
Trusts can be recorded. Recording makes certain that the terms of the trust will always be available to the interested parties. A person claiming to be a trustee can be asked to provide proof. A recorded trust is an excellent form of proof. In some states a trust that holds real estate must be recorded.
Can a men be with a wife he does not love?
As long as he trusts her, yes. If he does not trust her, then he will leave the minute he can afford it. Or sometimes there are kids involved, and he will stay until they are done with school.
Most progressives want to break up what and regulate large companies?
trusts~apex
What services do trust companies provide?
A trust company is primarily involved in establishing trusts, mechanisms under which the company manages assets for the benefit of a third party
