6 - Combination

Summary

This chapter explains how, by combining the trust with the ‘agency’ effects described in the previous chapters, the difficulties of each doctrine, operating in isolation, are overcome, In particular, this chapter explains how, through combination, the agency aspect of equtiable assignment becomes irrevocable; how the usual rule of agency that an agent may not sub-delegate is reversed; how substantial damages may be recovered by the assignee in right of the assignor;and how double liability of the assignor may be avoided, in part, through legislative intervention in the form of Common Law Procedure Act 1854, section 83.;