Discuss “The courts endeavour to update the principles of equity so that they are relevant to contemporary commercial realities. However, it is not an easy task- and certain issues are perhaps not as settled as they should be.” Using the UK Law,with relevance to * Breach of trust [OR] * Third party liability [OR] * Tracing.

“The courts endeavour to update the principles of equity so that they are relevant to contemporary commercial realities. However, it is not an easy task- and certain issues are perhaps not as settled as they should be.” Using the UK Law, discuss with relevance to * Breach of trust [OR] * Third party liability [OR] * Tracing.