EQUITY & TRUST LAW ESSAY HELP

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The sense of justice and fairness is known as equity. Equity serves to rectify the law when it is incorrect, or more accurately; equity corrects the common laws. Equity stems from conscience, which involves reflecting on right and wrong. For instance, when a powerful man hits a weak man without any cause, you may feel a sense of justice because you know deep down that the strong person is wrong and wishes to see justice done for the weak man. It is the feeling of justice based on the natural justice principle. The Court of Chancery created this legislation. Equity law exists to mitigate the unfair effects of stringent and inflexible common law on individuals. This statute ensures justice over incorrect rulings.

Our equity and trust law essay helps writers guide and support not only in writing the best equity and trust law essays for scholars but also in sharing how the creation of equity and trust law works and how a student can perfect the equity and trust law subject along with the writing to produce the best academic trust and equity law essays.

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The Development And The Creation Of Equity And Trust Law;

Common Law's use in the 13th century:

By the 13th century, common law, consisting of statute and customary law, was established in England. Although widely embraced by its adherents, customary law was not codified and was quite adaptable.

The Chancellor's Judicial Role's Elevation:

Most people were alarmed by statute law's lack of flexibility and solutions, so no natural justice legislation existed. As a result, people began to request the king, and a custom of referring such requests to the chancellor and the chief of the king's secretaries developed. The chancellor had the authority to impose rules the people used to abide by. It led to the chancellor's role in the judicial system, ultimately establishing a Chancery court alongside the common law court.

Integration of Chancery and Common Law:

It led to the chancellor's role in the judicial system, ultimately establishing a Chancery court alongside the common law court.

Maxim:

A maxim is a phrase representing common sense or, to put it another way is the basis of a universal fact that is important to know for legal reasons.

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