Introduction to equity Flashcards

(26 cards)

1
Q
  1. What is Common Law?
A

A legal system based on precedent and customs, developed in England, and adversarial in nature.

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2
Q
  1. How is Civil Law different from Common Law?
A

Civil Law (e.g., Spain) is inquisitorial and code-based, while Common Law (e.g., UK) is adversarial and based on precedent.

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3
Q
  1. What is Equity in legal terms?
A

A separate body of law developed to address the rigidity and limitations of Common Law, providing discretionary remedies.

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4
Q
  1. Where did Common Law originate from?
A

It was administered through the Monarch’s Courts and derived authority from the King.

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5
Q
  1. What were Common Law remedies typically limited to?
A

Damages—monetary compensation.

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6
Q
  1. Why was access to Common Law courts limited?
A

One needed a specific writ to bring a claim; many valid disputes were excluded.

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7
Q
  1. What was the Common Law’s main problem?
A

It lacked flexibility and failed to adapt new remedies or recognize novel claims.

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8
Q
  1. What is a Writ?
A

A formal legal document issued to initiate proceedings in Common Law courts.

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9
Q
  1. What led to the rise of Equity?
A

The failure of Common Law to provide adequate remedies led people to appeal to the King and Chancellor.

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10
Q
  1. What role did the Chancellor play in Equity?
A

He acted on behalf of the King to provide just remedies where Common Law failed, often informally and in personam.

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11
Q
  1. How did the Chancellor’s court operate differently?
A

Proceedings were informal, no writ was needed, no jury was present, and it operated more flexibly.

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12
Q
  1. What is meant by “Equity acts in personam”?
A

Equity’s remedies are directed at the individual, not property or things.

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13
Q
  1. What are “Equitable Maxims”?
A

Guiding principles that inform how equitable remedies are granted, such as “He who comes to equity must come with clean hands.”

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14
Q
  1. Name three Equitable Maxims.
A

Equity follows the law

Delay defeats equity

Equity looks to the intent, not the form

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15
Q
  1. What are some common Equitable remedies?
A

Injunction, specific performance, rectification, rescission, account, and delivery up.

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16
Q
  1. What was the 1873/1875 Judicature Acts’ impact?
A

Fused Common Law and Equity courts procedurally, enabling both types of remedies in the same court.

17
Q
  1. What does “Fusion of Attitudes” mean in Equity?
A

The idea that judges blend equitable discretion with common law reasoning in modern cases.

18
Q
  1. Why is Equity still relevant today?
A

Because it offers flexibility, justice, and remedies where Common Law is insufficient.

19
Q
  1. Why is discretion central to Equity?
A

Equity allows judges to tailor remedies to fit the circumstances and fairness of each case.

19
Q
  1. What are modern examples of equitable doctrines?
A

Trusts and estoppel.

20
Q
  1. What did Gascoigne CJ declare in 1406?
A

That the King had delegated all judicial powers to various courts, embedding the judicial system.

21
Q
  1. What is the significance of Edward II’s coronation oath?
A

It underscored the King’s duty to ensure justice and mercy, justifying appeals to the monarch’s equitable powers.

22
Q
  1. What did Baker say about the King’s residual authority?
A

That it could only be used where the Common Law was deficient, marking the foundation for equitable intervention.

23
Q
  1. What is “palm tree justice”?
A

A criticism of early Equity, suggesting unpredictable outcomes depending on the Chancellor’s personal inclinations.

24
25. What is the principle of “Equity regards as done that which ought to be done”?
It reflects Equity’s focus on substance over form, often enforcing obligations as if they had been performed.
25
26. How did Equity address issues of land and trusts?
By recognizing equitable ownership and ensuring that trustees manage land for the beneficiaries, especially in absence or incapacity of legal owners.