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nfgjghjnghjmghkjgh
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equity Literally `fairness'. In mediaeval times, people could petition the King for redress in cases that could not be dealt with adequately in the common law as it then stood (see common law). The process was called `equity'. Around the end of the 15th century, the Lord Chancellor set up a separate court system to deal with such cases; it became known as the Court of Chancery. Originally equity cases were handled with no particular reference to the common law or to precedent; eventually this gave rise to such problems that subsequent reforms made the equity system much like common law.
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Title: nfgjghjnghjmghkjgh
Words: 492
Rating: None
Pages: 2
submitted by: mooniii
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