Development
of Equity
Development of Equity
The key points in relation to historical development of Equity can be encompassed in four categories:
Until 1875 Equity was regulated by a different court such as the Court of Chancery.
The main reason why Equity has been created was to mitigate the harshness of common law.
Equity represents a distinct legal system
Equity is based on an exclusive and a supplementary jurisdiction.
KEY DATES
LAW BOOKS
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