In reaffirming the application of doctrine that equity will not assist a volunteer Gummow and Hayne JJ in Director of Public Prosecutions (Vic) v Le [2007] HCA 52 drew a distinction between âvaluable considerationâ and other forms of consideration in the form of natural love and affection. Explain how the presence of consideration in the form of natural love and affection has been rendered sufficient to warrant the courtâs intervention when it comes to matters of resulting trust. In your analysis consider the reasoning made in Director of Public Prosecutions (Vic) v Le [2007] HCA 52, Xiao Hui Ying v Perpetual Trustees Victoria Ltd [2015] VSCA 124, and at least one other relevant Australian judicial decision.
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onditions or the circumstance of the client . Types of Financial Instrument: 1. Shares- This is a unit used as mutual funds , limited partnership, and real estate investment trust. The owner of shares in the corporation is a shareholder of a corporation. The risk involved and the return from investing in the shares are high. 2. Bonds-This is an instrument of indebtedness of the bond issuer to the holder.The common types of bonds include municipal bonds and corporate company. Most bonds pay fixed rate of interest income that is also backed by a promise from the issuer. 3. Cash Equivalents-These are the most liquid current asset found on a business balance sheet. These are short term commitments (It carries an significant risk of changes in the asset value). 4. Properties and Commodities-These include agricultural products, energy sources and metals. These helps in reducing the overall portfolio risk and return. 5. Pooled investments 5a. Mutual Funds- It is a common pool of money into which investors put their contributions to be invested in accordance with a stated objectives. This involves Market risk, Inflation risk, Credit Risk, Interest rate risk. 5b. Exchange traded funds- An ETF holds assets such as stocks, commodities, or bonds and generally operates with an arbitrage mechanism design to keep it trading close to it net asset value although deviations can occur occasionally. 5c. Separated Managed Accounts-This is fund management service for institutions or individual investors with substantial assets (Large minimum investment) . The assets are managed as per the investors objectives,Risk tolerance and tax situations.>
onditions or the circumstance of the client . Types of Financial Instrument: 1. Shares- This is a unit used as mutual funds , limited partnership, and real estate investment trust. The owner of shares in the corporation is a shareholder of a corporation. The risk involved and the return from investing in the shares are high. 2. Bonds-This is an instrument of indebtedness of the bond issuer to the holder.The common types of bonds include municipal bonds and corporate company. Most bonds pay fixed rate of interest income that is also backed by a promise from the issuer. 3. Cash Equivalents-These are the most liquid current asset found on a business balance sheet. These are short term commitments (It carries an significant risk of changes in the asset value). 4. Properties and Commodities-These include agricultural products, energy sources and metals. These helps in reducing the overall portfolio risk and return. 5. Pooled investments 5a. Mutual Funds- It is a common pool of money into which investors put their contributions to be invested in accordance with a stated objectives. This involves Market risk, Inflation risk, Credit Risk, Interest rate risk. 5b. Exchange traded funds- An ETF holds assets such as stocks, commodities, or bonds and generally operates with an arbitrage mechanism design to keep it trading close to it net asset value although deviations can occur occasionally. 5c. Separated Managed Accounts-This is fund management service for institutions or individual investors with substantial assets (Large minimum investment) . The assets are managed as per the investors objectives,Risk tolerance and tax situations.>
