The book is widely acclaimed in its presentation of the law of trusts within the social and legal contexts in which trusts commonly appear and the functions which they perform within these contexts. This edition incorporates all relevant judicial and legislative developments since the second edition. In the light of these developments, the commerce section has been extended to include a chapter on equitable remedies. The work integrates leading cases, statutes and historical and research materials with the authors' narrative text. Its unique contextual emphasis and authoritative commentary has succeeded in creating a 'niche' in the large undergraduate market where texts are predominantly black-letter in style. It is used as a main text by institutions adopting a contextual approach and as supplementary reading on traditional courses.