Above The Law

Another example of a trustee’s responsibility may be to invest property correctly or sell it. This is very the case for pension funds, an important form of trust, where investors are trustees for individuals’s savings until retirement. But trusts can also Law be set up for charitable purposes, well-known examples being the British Museum or the Rockefeller Foundation. Max Weber famously argued that the state is that which controls the monopoly on the legitimate use of pressure. The military and police carry out enforcement on the request of the government or the courts.

• Setting requirements for the

…