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(p. 30) 2. The Trust Concept 

(p. 30) 2. The Trust Concept
Chapter:
(p. 30) 2. The Trust Concept
Author(s):

Philip H Pettit

DOI:
10.1093/he/9780199694952.003.0002
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date: 23 August 2019

This chapter analyses the concept of trust, comparing trust with other legal concepts in order to provide a fuller understanding of its principle. These include bailment, agency, powers, and restitution. The chapter contends that a trust can be said to exist whenever equity imposes on a person an obligation to deal with property of which he is the owner, and can also exist whenever the legal title is in one party and the equitable title in another. It also examines several relevant court cases and judgments.

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