Question 1

Which of the following statements is true?

Accepted Answer

A)  Anyone can be the trustee of a charity. 
B)  Charity trustees can never be paid. 
C)  All charities must be subject to an annual audit by a qualified accountant. 
D)  The trustees of a charity which is not exempted or excepted from the requirement to be registered are under a duty to apply for it to be registered. 
A)  Anyone can be the trustee of a charity. 
B)  Charity trustees can never be paid. 
C)  All charities must be subject to an annual audit by a qualified accountant. 
D)  The trustees of a charity which is not exempted or excepted from the requirement to be registered are under a duty to apply for it to be registered. D

Question 2

Which of the following is not a function of the Charity Commission?

Accepted Answer

A)  Providing funds for charities. 
B)  Maintaining a register of charities. 
C)  Increasing public trust and confidence in charities. 
D)  Promoting compliance by charity trustees with their legal obligations. 
A)  Providing funds for charities. 
B)  Maintaining a register of charities. 
C)  Increasing public trust and confidence in charities. 
D)  Promoting compliance by charity trustees with their legal obligations. A

Question 3

Which of the following statements is untrue?

Accepted Answer

A)  Charitable trusts are subject to the same regulatory regime as all other trusts. 
B)  The Courts have a general inherent jurisdiction over charitable trusts. 
C)  The Attorney-General had, and still has, an important role in the supervision of charitable trusts. 
D)  The Charity Commission is the main agency responsible for the regulation of charities. 
A)  Charitable trusts are subject to the same regulatory regime as all other trusts. 
B)  The Courts have a general inherent jurisdiction over charitable trusts. 
C)  The Attorney-General had, and still has, an important role in the supervision of charitable trusts. 
D)  The Charity Commission is the main agency responsible for the regulation of charities. A

Question 4

Which of the following actions are open to the Charity Commission when it believes or suspects that a breach of the law has taken place (more than one applies)?

Accepted Answer

A)  The Charity Commission can institute an inquiry. 
B)  The Charity Commission can suspend or remove a charity trustee. 
C)  The Charity Commission can 'freeze' charity property. 
D)  The Charity Commission can prevent a charity from taking a specified action. 
A)  The Charity Commission can institute an inquiry. 
B)  The Charity Commission can suspend or remove a charity trustee. 
C)  The Charity Commission can 'freeze' charity property. 
D)  The Charity Commission can prevent a charity from taking a specified action.

Question 5

Which of the following statements about the Charity Governance Code is false?

Accepted Answer

A)  The Charity Governance Code was developed by the Charity Commission. 
B)  The Charity Governance Code suggests that the governing bodies of charities should periodically review their performance. 
C)  The Charity Governance Code differentiates between large charities and smaller charities. 
D)  The Charity Governance Code suggests that the governing bodies of charities should have a regularly reviewed conflicts of interest policy. 
A)  The Charity Governance Code was developed by the Charity Commission. 
B)  The Charity Governance Code suggests that the governing bodies of charities should periodically review their performance. 
C)  The Charity Governance Code differentiates between large charities and smaller charities. 
D)  The Charity Governance Code suggests that the governing bodies of charities should have a regularly reviewed conflicts of interest policy.

Which of the following statements is true?

Which of the following is not a function of the Charity Commission?

Which of the following statements is untrue?

Which of the following actions are open to the Charity Commission when it believes or suspects that a breach of the law has taken place (more than one applies)?

Which of the following statements about the Charity Governance Code is false?

What Is Equity?

Equity and the Management of Property; and Equitable Obligations

Certainty

Constitution of Trusts

Formalities

Resulting Trusts

Interests in the Family Home; and Constructive Trusts

Proprietary Estoppel; The Evolution of Rights in the Family Home

Clubs and Societies

Wills and Inheritance

The Role and Status of Charities

Charitable Trusts

Cy-Près: Redistributing Funds and Changing Purposes

Choosing Who Benefits

Fixed Trusts; and Powers of Appointment

Discretionary Trusts

Variation of Beneficial Interests; Powers of Maintenance and Advancement

Investment; Management and Delegation

Control and Accountability; Appointing and Changing Trustees

Fiduciary Duties; Remedies Against the Trustee for Breach of Trust

Tracing

Specific Performance; Rescission, Rectification, and Account

Injunctions

Filters

Exam 14: Control and Regulation of Charitable Trusts

Which of the following statements is true?

Which of the following is not a function of the Charity Commission?

Which of the following statements is untrue?

Which of the following actions are open to the Charity Commission when it believes or suspects that a breach of the law has taken place (more than one applies)?

Which of the following statements about the Charity Governance Code is false?

What Is Equity?

Equity and the Management of Property; and Equitable Obligations

Certainty

Constitution of Trusts

Formalities

Resulting Trusts

Interests in the Family Home; and Constructive Trusts

Proprietary Estoppel; The Evolution of Rights in the Family Home

Clubs and Societies

Wills and Inheritance

The Role and Status of Charities

Charitable Trusts

Cy-Près: Redistributing Funds and Changing Purposes

Choosing Who Benefits

Fixed Trusts; and Powers of Appointment

Discretionary Trusts

Variation of Beneficial Interests; Powers of Maintenance and Advancement

Investment; Management and Delegation

Control and Accountability; Appointing and Changing Trustees

Fiduciary Duties; Remedies Against the Trustee for Breach of Trust

Tracing

Specific Performance; Rescission, Rectification, and Account

Injunctions

Filters