Multiple Choice
What is the following statements is correct about the operation of s.53(1) (b) in relation to trusts an estate or interest in land?
A) A transaction that is not made or evidenced in writing is void.
B) A declaration of a trust of land will only be valid if the written evidence contains all the material terms of the trust.
C) A transaction that is not made or evidenced in writing is voidable.
D) The declaration of the trust needs to be made in writing to be effective.
Correct Answer:
Verified
Correct Answer:
Verified
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