Equity - subsidiary legislation, Business Law and Ethics

Equity:

Moreover the word "equity" ordinarily means "fairness" or "justice".  In fact as a source of England law there the phrase "doctrines of equity" denotes the body of English law which was developed through the various Lord Chancellors in the Court of Chancery to supplement the rules and procedure of the common law.  However the Lord Chancellors maintained equity mainly according to the effect produced on their own individual conscience through the facts of the particular case before them.

Whereas Equity was developed as a result of the defects of the common law. 

 

Posted Date: 1/16/2013 3:10:26 AM | Location : United States







Related Discussions:- Equity - subsidiary legislation, Assignment Help, Ask Question on Equity - subsidiary legislation, Get Answer, Expert's Help, Equity - subsidiary legislation Discussions

Write discussion on Equity - subsidiary legislation
Your posts are moderated
Related Questions
Perpetual Succession:                      According to the Concise Oxford Dictionary, "perpetual" means, inter alia, "applicable, valid, for ever or for indefinite time " wh

F.O.B. Contracts - Import and Export Trade Under an f.o.b. like free on board contract it is the duty of like the seller to put the goods on board a ship to the purpose of the

Trade Unions:                   Trade Unions are registered under s.11 of the Trade Unions Act 1952 with the primary object of regulating the  relations between employees and

Limited Partnerships Through virtue of the Limited Partnerships Act, such the liability of certain partners that may be limited to a certain extent. Further the chief provisions

Continuing Guarantees – Negotiable Instrument A continuing guarantee is such type of a guarantee that extends to a series of transactions, so and such is not exhausted through

Question 1: Describe in what ways Henry Mintzberg, Kotler, Luthans and Stewart have identified the roles and skills of a manager? Question 2: Show how Maslow's hierarch

Alteration of Capital: A company is empowered by S.63 to alter the provisions of its memorandum of association which relates to its registered or authorised capital. However,

State in brief aboput the Monetary Effects Besides real income effects there will also be monetary effects if nations seek to intervene in foreign exchange markets which govern

Restricted Names:  Section 17)1) of the Registration of Business Names Act provides that no company shall be registered under a business name: (a)     which contains any wo

Recommendations for addressing phoenix activities Over the past two decades there have been a significant range of proposals for addressing phoenix activity. Most of these opt