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'Trustees must not just act honestly. They must be prudent and exercise the degree of care which they would in conducting their own affairs
'Trustees must not just act honestly. They must be prudent and exercise the degree of care which they would in conducting their own affairs but at the same time mindful that they are dealing with another's property! Discuss this statement in relation to the duty of care expected of a trustee.
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This statement highlights the dual responsibilities of trustees honesty and prudence Trustees are expected to manage assets with the same care they would apply to their personal affairs while always r...
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Smith and Roberson Business Law
Authors: Richard A. Mann, Barry S. Roberts
15th Edition
1285141903, 1285141903, 9781285141909, 978-0538473637
