Large Group 10 Flashcards
What is the format of the assessment discussed in Large Group 10?
The assessment is a 2-hour open-book exam divided into three sections:
Part A: 10 multiple-choice questions worth 2 marks each (20%).
Part B: A written question based on advanced facts worth 40%.
Part C: A choice of one out of two written problem-style questions (also 40%).
What should students expect in Part B of the assessment?
Part B is a written question based on advanced facts. The advanced facts will be provided before the exam, but additional facts will be revealed during the exam. Part B is worth 40% of the overall grade.
What are critical evaluation questions, and how should they be approached?
Critical evaluation questions require students to assess controversial issues in equity. These questions involve analysing both sides of an argument before reaching a conclusion. For example, students may be asked to evaluate whether a particular equitable exception undermines formalities or donor protection.
What are some key topics consolidated in this Large Group?
- Creating valid trusts and gifts.
- Formalities for trust creation, including relevant statutory provisions.
- Running a trust, covering trustees’ duties, fiduciary obligations, and investment duties.
- Remedies available for breach of trust and actions against third parties.
- Equitable maxims and principles.
What strategies are recommended for revising the module?
Recommended strategies include:
- Redoing tasks and creating consolidation notes.
- Attempting the specimen assessment under timed conditions.
- Using checklists to guide answers in both problem and essay-style questions.
- Focusing on interactive revision (such as reworking unit tasks) rather than rereading textbooks.
What should students avoid when answering problem questions?
Students should avoid copying out the question or writing an essay on the law.
Instead, they should use a structured approach (IRAC: Issue, Rule, Application, Conclusion) to address the legal issues raised by the facts.