Care required from trustee.

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....ble for the loss, destruction or deterioration of the trust-property. Illustrations      (a) A, living in Calcutta, is a trustee for B, living in Bombay. A remits trust funds to B by bills drawn by a person of undoubted credit in favour of the trustee as such, and payable at Bombay. The bills are dishonoured. A is not bound to make good the loss.    &nbs....

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....iligence in inviting competition. A is bound to make good the loss caused thereby to the beneficiary.      (e) A, a trustee for B, in execution of his trust, sells the trust-property, but from want of due diligence on his part fails to receive part of the purchase money. A is bound to make good the loss thereby cause to B.      (f) A, a trustee for B o....