Under the Indian Trusts Act, 1882, the purpose of a trust is unlawful if it is:
Section 4 provides that the purpose of a trust is lawful unless it is "(a) forbidden by law", or would defeat the provisions of any law, is fraudulent, involves injury to…
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Under the Indian Trusts Act, 1882, the purpose of a trust is unlawful if it is:
Answer and explanation
Correct answer D
Section 4 provides that the purpose of a trust is lawful unless it is "(a) forbidden by law", or would defeat the provisions of any law, is fraudulent, involves injury to the person or property of another, or is regarded by the Court as immoral or opposed to public policy. A trust needs no consideration, and a minor can be a beneficiary of a lawful trust.