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Question 1 Zweli, an entrepreneur, wants to open a trust for the benefit of his two children, Sipho andZonke. He approaches you for advice on

Question 1

Zweli, an entrepreneur, wants to open a trust for the benefit of his two children, Sipho andZonke. He approaches you for advice on the legal attributes of a trust, how a trust is createdand what the two different types of trusts are. Advise Zweli on two legal attributes of a trust, theforms that a trust deed may take and what the two different types of trusts are. (6)

Question 2

List four advantages of a business trust. (4)

Total: 10 marks

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Introductory Business Statistics

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