Equity (law)

Set of legal principles supplementing but distinct from the Common Law

In law, particularly in common law jurisdictions, equity is the body of law that historically developed in the English Court of Chancery, which created a set of equitable doctrines distinct from the rest of English common law. The equitable jurisdiction of a court of equity spanned much of English private law, particularly the law of property, contract, tort, and restitution, resulting in the development of equitable principles (e.g. good faith), interests (e.g.

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