Hi, I need help with some multiple choice questions. I have included them below:

QUESTION 1

Mr Lloyd is a trustee holding valuable paintings 'on trust for Zelda absolutely'. Zelda is

9 years old.

Which ONE of the following statements is CORRECT?

A. Zelda will have no interest in the paintings until she is 18.

B. Zelda has a vested interest and can demand the paintings immediately.

C. Zelda's interest is contingent on attaining 18.

D. Zelda has a vested interest but cannot demand the paintings until she is 18,

because until then, she cannot give a good receipt.

QUESTION 2

Which ONE of the following gives Ahmed's children equitable interests under a

trust?

A. 'I give 100,000 to Ahmed and express the wish that he use the money to pay his

children's school fees.'

B. 'I give 100,000 to Ahmed with the power to appoint the money to his children

in such shares as he thinks fit but in default to hold on trust for Oxfam.'

C. 'I give 100,000 to Ahmed to hold it for the benefit of his children in equal

shares.'

D. 'I give 100,000 to Ahmed in full confidence that he will use the money to pay his

children's school fees.

Jonathon Kent is a trustee holding land (which is let to tenants) and shares on trust for

Barbara Dean for life remainder to her son, Paul Dean, who is 20 years old.

QUESTION 3

Which ONE of the following statements is WRONG?

A. The trust property will produce income in the form of rent and dividends.

B. The trustee must pay the trust income to Barbara Dean.

C. When Barbara dies, the trustee must transfer the trust land and shares to Paul

(unless he directs otherwise).

D. During Barbara's lifetime, she is the sole owner of the equitable interest in the

trust property.

QUESTION 4

Barbara Dean decides to transfer her life interest to her husband, Roger.

Which ONE of the following statements is CORRECT?

A. The transfer will be effective if Barbara signs a written transfer of her equitable

interest.

B. The transfer will be effective if Barbara orally directs Jonathon Kent to hold on

trust for Roger.

C. Barbara needs to execute a deed of transfer in respect of the land, and stock

transfer forms to transfer the trust's shareholdings

D. Barbara and Paul should execute a written transfer of the equitable interest to

Roger.

QUESTION 5

Which ONE of the following is VOID because it offends the beneficiary

principle?

A. 'On trust to relieve poverty in the United Kingdom.'

B. 'On trust to improve the standard of politeness in the city of Liverpool.'

C. 'On trust to build a swimming pool for use by the employees of Geronimo Ltd.'

D. 'On trust to maintain my horse, Flash, for 21 years after I die.'