An exemption clause may either exclude entirely or otherwise restrict a trustee's liability for breach of his duties in carrying out the trust.

Question

Quizplus · Accepted Answer

An exemption clause can indeed exclude or restrict a trustee's liability for breach of duties in carrying out a trust. However, the enforceability of such a clause would depend on various factors, including the nature and wording of the clause, as well as any statutory or common law limitations on its applicability.

An Exemption Clause May Either Exclude Entirely or Otherwise Restrict