University of Pennsylvania Carey Law School
Another example of a trustee’s duty might be to invest property wisely or sell it. This is especially the case for pension funds, the most important form of trust, where investors are trustees for people’s savings until retirement. But trusts can also be set up for charitable purposes, famous examples being the British Museum or the Rockefeller Foundation.
- Thus, each legal system can be hypothesised to have a basic norm instructing us to obey.
- When you are lost, look up your case on Westlaw, hit the History tab and bask in the glow of enlightenment.
- The focus of the Lawyer and Paralegal Licensing Process is to ensure that candidates have demonstrated they possess the required entry-level competencies, in order to provide legal services effectively and in the public interest.
- Germany has a special approach to contracts, which ties into property law.
- Immanuel Kant believed a moral imperative requires laws “be