E- Critically examine whether trusts can be explained as forming part of the law of obligations.

“English trust law is increasingly emulating contract. The relationship of trustee
to beneficiaries is now modelled as a consensual relationship created by
agreement rather than custody; and governed by standards and duties of care
with tort-like features as opposed to traditional fiduciary controls.” Joshua
Getzler, Legislative incursions into modern trusts doctrine in England: The
Trustee Act 2000 and the Contracts (Rights of Third Parties) Act 1999.
Critically examine whether trusts can be explained as forming part of the law of
obligations.
Introductory reading: Gretton, G. L. (2000). Trusts without equity. Int’l & Comp.
LQ, 49, 599