This is an ordinary written or typed assignment. Answering this question gives you

practice in answering the type of problem$-$ or discuss$-$type questions that you may

expect in the examination. Your answer per question should not exceed one page. You

may reference your sources as you wish, i$.$e$.$ in$-$text, or in footnotes. A bibliography is not

needed but remember to include your Honesty Declaration.

QUESTION $1$

Explain, with reference to relevant prescribed case law for this module, how the court

determines whether a specific business is a partnership. $(10)$

QUESTION $2$

Explain the difference between the two types of trusts envisaged in the Trust Property

Control Act $57$ of $1988.(5)$

QUESTION $3$

Briefly explain what the purpose of the establishment of a trust is and what parties are

involved in a trust.