Question
Which principle states that the trustee must act
honestly and in good faith, prioritizing the interests of the beneficiaries above their own?Solution
The Principle of Fiduciary Duty is fundamental to the law of trusts. It requires trustees to act with utmost good faith, honesty, and loyalty toward the beneficiaries. Trustees must avoid conflicts of interest and cannot benefit personally from the trust property. This principle ensures trustees prioritize the beneficiaries’ interests and manage the trust property responsibly and prudently.
In the following questions, out of the 4 alternatives, choose the alternative which best expresses the meaning of the idiom/phrases.
From ste...
Slap on the Wrist
Choose the option which best expresses the meaning of the idiom/phrase in bold in the sentence.
The opening batsman's devil-may-care approach may r...After weeks of practice, the team was finally able to get their act together before the big game.
An idiom/phrase is given in bold. Following this idiom/phrase are given three sentences, which use the given idiom/phrase. The idiom/phrase may or may ...
Obviously, we could sit here and talk until we're dull in the face about how wonderfully they play the game.
- Choose the option which best expresses the meaning of the idiom/phrase bold in the sentence.
The new policy has created a lot of bad blood between ... Despite his initial reluctance, he finally decided to bite the bullet and join the team for the competition.
"It's not a good idea to kick the can down the road and let the next generation solve the global warming problem."
Select the idiom/phrase that most accurately and contextually replaces the bolded segment.
Though nervous, Ankit decided to speak honestly duri...
