Question
Under Section 3 of the Indian Trusts Act, 1882, Mr. A
bequeaths certain property to Mr. B with a wish expressed in his will: "I hope you will continue this property in the family for the benefit of my children and their welfare." The will does not create any legal obligation but merely expresses a moral wish. Which of the following correctly determines whether a valid trust has been created?Solution
Explanation: Section 3 of the Indian Trusts Act, 1882 defines a trust as "an obligation annexed to the ownership of property, and arising out of a confidence reposed in and accepted by the owner...for the benefit of another." The critical element is obligation—not merely moral wish or hope. The leading English case Knight v Knight (1840) established the "three certainties" principle, which Indian courts have consistently applied: (i) certainty of intention; (ii) certainty of subject matter; and (iii) certainty of objects. In the question, Mr. A's expression fails all three certainties: (i) the language "hope" and "wish" does not demonstrate imperative intention to create a legal obligation; (ii) the purpose (family welfare) lacks specificity; (iii) the beneficiaries ("children and their welfare," "family members") are not ascertained with certainty—which family members? what definition of welfare? Courts consistently distinguish between precatory trusts (often invalid due to uncertainty) and mandatory trusts. Section 6 illustration (b) explicitly provides: "A bequeaths certain property to B 'hoping he will continue it in the family.' This does not create a trust, as the beneficiary is not indicated with reasonable certainty." Thus, option (B) correctly applies Section 3 and the doctrine of certainties.
A high bounce rate on a loan landing page suggests weakness in:
The use by marketers of YouTube, Twitter, and Instagram to promote their brands or organizations is known as ___________.
Organizations attempt to reduce the inconsistency in the delivery of services through:
Which of the following is most likely to increase CASA ratio?
Which of the following is an attribute of selling?
When marketers decide to use surveys to ask questions, they make each of the following assumptions EXCEPT:
When demand is more than the supply, it is known as _______ demand.
Which stage of the Product Life Cycle requires heavy promotional expenditure?
A bank launches a youth-focused savings account with cashback on online gaming and streaming subscriptions. This is an example of:
Which of the following statements is true about Facebook?