- For example, if someone is injured because of a poorly designed product, they can sue under tort law (law) or contract law (equity).
- A particular branch of law that differs from law. Primarily concerned with providing justice and fair treatment addresses issues the common law is unable to consider.
- The origin of equity comes from ancient Aristotle and from Roman law, especially from the time of the Republic. This principle is also called equity of force or just...
- Duddington John, Essentials of Equity and Trusts Law. 6th Edition Pearson Longman 2006 Wort Hanbury & Martin Modern Equity pp 52-53; 64-69.
- Equity, on the other hand, refers to laws that are similarly established by court rulings but deal with judgment and justice through equitable decisions.
- The tradition of English common law has bequeathed the concept of equity to all the legal systems that have derived from that tradition.
- Equity law, also known as equity or chancery, is a system of jurisprudenceJurisprudence It is a branch of philosophy, that discusses the legality of Law.
- Private equity law is needed wherever an investor uses their financial assets to purchase a controlling stake in a business.
- In England, Australia, New Zealand and Canada, Equity remains a distinct body of law. Modern equity includes, amongst other things
- The early history of equity jurisprudence in England and America, in accord with the biblical record, clearly distinguished law from equity.