A Student's Guide to the Meanings of "Equity"
10 Pages Posted: 21 Apr 2021
Date Written: April 7, 2021
Equity remains a significant part of our legal system, but the different meanings of "equity" often cause confusion. This essay distinguishes three meanings of the term: the distinctive treatment of an exceptional case, a moral reading of the law, and the doctrines and remedies developed in the Court of Chancery. By distinguishing these meanings, carefully and without an excess of technicality, this essay illuminates a difficult but important part of law in the United States.
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