LAW317 Study Guide - Final Guide: Professional Negligence In English Law, Security Interest, Bailment

• School: Macquarie University
• Department: Law/Law Participation and Community Engagement
• Course: LAW317
• Professor: All

Document Summary

Notes & page numbers from law317 equity & trusts, macquarie university. Textbook: principles of australian equity & trusts, cases and materials (with c stewart & i vickovich), Equity emerged due to deficiencies in the common law. Primogeniture land passes to eldest son, dower 1/3rd of the hus(cid:271)a(cid:374)d(cid:859)s estate passes to wife for the rest of her life before passing to eldest son. Uses taken up by chancery courts wronged parties appealed to king, king passed cases on to cha(cid:374)(cid:272)e(cid:396)(cid:455), his (cid:858)(cid:272)o(cid:374)s(cid:272)ie(cid:374)(cid:272)e(cid:859) based on religious principles. Origin of the trust: islamic waqf, roman fideicommisum could have influenced english trust, very similar. Isla(cid:373)i(cid:272) wa(cid:395)f(cid:859)s de(cid:272)la(cid:396)ed (cid:373)oti(cid:448)atio(cid:374)s (cid:449)e(cid:396)e (cid:272)ha(cid:396)ita(cid:271)le, also undeclared motivations of circumventing other law. English trust used to circumvent primogeniture and dower, to avoid feudal dues etc. To avoid feudal dues upon death, can convey property to a number of joint tenants of varying ages, property not taxed until last one dies.