General Knowledge Flashcards
To have a basic understanding of Equity
1
Q
What are the 12 principled equitable remedies?
A
- injunction
- specific performance
- account of profits
- rescission
- rectification
- equitable estoppel
- certain proprietary remedies, such as constructive trusts[6]
- subrogation
- in very specific circumstances, an equitable lien.[7]
- equitable compensation
- appointment or removal of fiduciary
- interpleader
2
Q
What are the two main equitable remedies?
A
- injunction
- specific performance
3
Q
- Lord Ellesmere LC: “the cause why there is a Chancery is, for men’s actions are so divers an infinite. It would be impossible to make any general law which may aptly meet with every act and fail in some circumstances.”
Comes from which case?
A
The Earl of Oxford’s Case (1615) Mich 13 Jac 1; 21 ER 485