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The legal environment (Trust Law (Rule against perpetuities (Restricts the…

- - - - The King later delegated his power to the Chancellor who became the head of the Court of Chancery
      - The Court of Chancery sought to decide cases in accordance with what was right, just and fair rather than adhering to the letter of the law
- - - - Also made some changes to its laws to reduce the uncertainty of the legal environment surrounding the administration of trusts