Certainty of Words Subject Matter and Objects - Law Teacher.
The law of equity began in the court of chancery which was set up because a fair and just remedy could not be given through common law as monetary compensation was not suitable and sometimes a well deserving plaintiff was denied because the writs where quite narrow and rigid.All these petitions were considered and heard by the Lord Chancellor in the Court of Chancery. This is how equity was created and known as the law of Court of Chancery. The development of law of equity started to create a conflict with common law as the litigants seek to rely on equitable remedy restricting the order given by the common law courts.The term “equity” is in a general sense, associated with notions of fairness, morality and justice. It is an ethical jurisdiction. On a more legalistic level, however, “equity” is the branch of law that was administered in the Court of Chancery prior to the Judicature Acts 1873 and 1875.
Consequently, equity came to supplement the common law, in the sense recognize the defects of the common law and provide a remedy thus turning it into a complete system. Equity did this in a range of different ways by introducing new rights, new remedies and even new procedures and aided the common law to be one whole system without any deficiencies.Law Teacher is a Nottingham-based company who aim to be the ultimate supplier of educational law support. From academic law support services to free resources and legal materials, we're here to help you at every stage of your education.
The History Of Equity And Common Law Law Equity Essay. A few lines about the history of equity and common law (Court of Chancery etc). Although equity literally means fairness, we use this term for the body of principles developed by the Court of Chancery.
