- 4 Marks
Question
Equity is a term which applies to a specific set of legal principles which were developed to supplement the common law and to ensure fairness in the adjudication of matters.
Required:
Identify FOUR (4) maxims of equity.
(4 marks)
Answer
Maxims of Equity include:
- Equity will not suffer a wrong to be without a remedy.
- Equity follows the law.
- He who seeks equity must do equity.
- He who comes to equity must come with clean hands.
- Delay defeats equity.
- Equality is Equity.
- Equity looks to the intent rather than the form.
- Equity acts in personam.
(Any 4 points for 4 marks)
- Tags: Common Law, Fairness, Legal Principles, Maxims of Equity, Supplementary Law
- Level: Level 1
- Topic: Sources of Law
- Series: MAY 2020
- Uploader: Dotse