Alex is the sole trustee of a trust fund set up by his late wife to benefit her niece, Bridgette. Bridgette has become suspicious of the recent change in lifestyle for Alex and his children. Bridgette’s investigations lead her to discover that Alex has misappropriated UGX 35,000,000/= from her trust fund, using it as follows: (a) Alex paid UGX 10,000,000/= into his account at Saver’s Bank in which he already had UGX 8,000,000/= of his own money. He withdrew UGX 2,000,000/= to purchase a laptop from City Tech Kampala which was stolen that same night. He then withdrew UGX 6,000,000/= to buy land in Mukono. This land has suddenly doubled in value following an announcement by the government that it is going to construct an international airport in Mukono. He then withdrew the remaining UGX 10,000,000/= and bought a Toyota Vitz which was crashed beyond repair the next day. Advise Bridgette on how she can trace her trust property. (5 MARKS) (b) Alex paid UGX 20,000,000/= from Bridgette’s trust fund into his account at Kampala Bank in which he had previously paid UGX 10,000,000/= belonging to another trust fund that his late wife had set up for the benefit of her nephew, Daniel, to which she had also appointed Alex as the Trustee. Alex then withdrew UGX 5,000,000/= from his account and went on holiday with his new girlfriend, Estella. He then withdrew UGX 5,000,000/= to repaint his home. Advise Bridgette and Daniel on how they can trace their trust property. (10 MARKS) (c) Alex deposited UGX 5,000,000/= from Bridgette’s trust fund on his mobile money account on which he had previously deposited UGX 500,000/= from Daniel’s trust fund and already had a balance of UGX 500,000/= of his own money on the account before he had deposited any trust money. He then withdrew UGX 2,000,000/= from the same mobile money account to pay school fees for his children and later added UGX 2,000,000/= of his own money into the account. Advise Bridgette and Daniel on how they can trace their trust property. (10 MARKS)

Alexandra invests £2485 into an savings account.Alexandra gets 2.75% per year compound interest.Work out how much Alexandra will have in the account after 19 years.

Alex worked as a manager in a local company. One day, a lucrative business opportunity came his way. The deal had the potential to bring great wealth to him and his company, but it also involved unethical practices that could harm the environment. The decision weighed heavily on his mind, and he knew he had to make a choice. Alex, after careful consideration, decided to decline the unethical deal, even though it meant passing up a significant financial gain. He believed in preserving the environment and refused to compromise his principles. His choice did not go unnoticed by his colleagues and subordinates, who admired his moral stance. Word of Alex's decision soon spread beyond the workplace, and he became known as a person of integrity. His actions inspired others to consider the consequences of their choices. One day, a coworker, Sarah, found herself in a moral dilemma. She had uncovered evidence of a coworker's theft, and she didn't know what to do. She turned to Alex for advice. Alex, recalling his own choice, encouraged Sarah to report the theft, emphasizing the importance of right conduct and honesty in the workplace. Sarah followed his advice, and the thief was held accountable for their actions. Alex's choices and guidance continued to impact those around him. His reputation for right conduct grew, and people began to trust and respect him not only for his professional skills but also for his unwavering commitment to ethical behavior.Read the question carefuly and choose the correct answer for the given optionsWhat quality did Alex prioritize when making his choices?OPTIONS Financial gain Environmental conservation Personal convenience Workplace competition

Eastpac Bank has lent Alexandra Ltd $500 000. Part of the loan contract prevents Alexandra from borrowing money in the future from other banks without the permission of Eastpac. As a result of this relationship:

Alex is an entrepreneur who founded a company that is showing promise in the market. A largercorporation, Corporation A, offers to purchase Alex’s company for 10 million dollars. However,after receiving this offer, another corporation, Corporation B, expresses interest in the company.After negotiations with Corporation B, Alex accepts a 5 million dollar offer from Corporation B.First, using terms from Week 11 (Negotiation) content, explain one reason why this negotiationoutcome may have occurred, assuming that Alex is happy with the negotiation outcome (2 points).Then, using terms from Week 5 (Judgment and Decision Making) content, explain one reason whythis negotiation outcome may have occurred, assuming that Alex is not happy with the negotiationoutcome (2 points). Finally, given the reason you offered why Alex is not happy with the result,discuss one strategy Alex could use to obtain a better outcome in future negotiations from theWeek 11 reading 15 Rules for Negotiating a Job Offer

Kenneth died four years ago. His valid will gave his estate (worth Kshs. 8,000,000) to Francis and Joseph to hold in trust for such of Kenneth’s children, Kevin and Esther, as should attain the age of 25. Kevin is now 21 years old and Esther is now 15, and still in school. Due to your training and experience in law, especially in the law of trust, Francis and Joseph have come to consult with you in relation to the management of the trust, and especially on the following issues: - Kevin is upset because the trustees have given Esther a monthly allowance from trust income for clothes and pocket money and Kshs.100,000 of trust capital to enable her pay her school fees, whereas Kevin has received nothing. - Kevin has also demanded information about the value of the trust fund and how it is invested. After Kenneth died, Joseph suggested that they invest most of the trust fund in the purchase of quoted shares in the Nairobi Stock Exchange. The value of the investments has gone down. The trustees blame the general economic climate but they are worried that the beneficiaries, especially Kevin, might want to hold them personally liable for the depreciation in the value of the investments. - Realising that they may not have the expertise to manage the trust investments, the trustees want to know whether they can employ a financial adviser to take over this aspect of trust business or appoint an investment expert as an additional trustee. Using your knowledge in the law of trust, comprehensively explain to Francis and Joseph the following: (a) Whether they have done anything wrong by making allowances for Esther from the trust income and capital while giving nothing to Kevin; (10 Marks) (b) Whether Francis and/or Joseph may be held liable for the poor performance of the trust investments at the Nairobi Stock Exchange; (10 Marks) (c) Whether the trustees can employ an investment expert to manage the trust investments or appoint him as an additional trustee and pay him out of the trust fund. (10 Marks)