20 Maxims of Equity Quiz
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Questions and Answers

Equity will not suffer a wrong to be without a ______

remedy

Equity regards as done what ought to be ______

done

Equity is a sort of ______

equality

Equity aids the vigilant, and not those who ______ on their rights

<p>slumber</p> Signup and view all the answers

Equity will not assist a ______

<p>volunteer</p> Signup and view all the answers

Equity will not complete an imperfect ______

<p>gift</p> Signup and view all the answers

Where equities are equal, the ______ will prevail

<p>law</p> Signup and view all the answers

Equity will not allow a ______ to be used as a cloak for fraud

<p>statute</p> Signup and view all the answers

Equity is higher than ______

<p>common law</p> Signup and view all the answers

Equity acts in personam, not in ______

<p>rem</p> Signup and view all the answers

Equity abhors a ______

<p>forfeiture</p> Signup and view all the answers

Equity does not require an idle ______

<p>gesture</p> Signup and view all the answers

He who comes into equity must come with clean ______

<p>hands</p> Signup and view all the answers

Equity imputes an intent to fulfill an ______

<p>obligation</p> Signup and view all the answers

Equity follows the ______

<p>law</p> Signup and view all the answers

Equity will take jurisdiction to avoid a ______ of suits

<p>multiplicity</p> Signup and view all the answers

Equity delights to do justice, and not by ______

<p>halves</p> Signup and view all the answers

Equity will not allow a trust to fail for want of a ______

<p>trustee</p> Signup and view all the answers

Equity will not allow a statute to be used as a cloak for ______

<p>fraud</p> Signup and view all the answers

Equity will not complete an imperfect ______

<p>gift</p> Signup and view all the answers

Equity regards the ______ as the true owner

<p>beneficiary</p> Signup and view all the answers

Equity will not permit a wrong without a ______

<p>remedy</p> Signup and view all the answers

Equity acts on the duties of ______, not objects

<p>people</p> Signup and view all the answers

Equity will not make [a trust] where none has been clearly declared. A defective or imperfect gift will not be converted into a ______.

<p>trust</p> Signup and view all the answers

Which of the following is true about equity claims in the US courts?

<p>Equity claims and law claims are treated as separate types of suits.</p> Signup and view all the answers

What is the significance of the 20 Maxims of Equity in US courts?

<p>They are persuasive precedent for courts presiding over equitable claims.</p> Signup and view all the answers

What is the first maxim of equity?

<p>One who seeks equity must do equity.</p> Signup and view all the answers

Which court is bound by statute law as much as a court of law?

<p>Court of equity</p> Signup and view all the answers

In what circumstances will equity not assist a claim of unjust enrichment?

<p>Benefit conferred by a volunteer</p> Signup and view all the answers

Under what condition will equity not create a quasi-contract to a promisee in restitution claims?

<p>No consideration provided</p> Signup and view all the answers

When do equities need to be equal for the law to prevail?

<p>When the taxpayer's equity is no greater than that of the United States</p> Signup and view all the answers

Which of the following statements best describes the concept of equity?

<p>Equity is a flexible and adaptable power of the court to provide fair remedies.</p> Signup and view all the answers

Which of the following is a key principle of equity?

<p>Equity regards as done what ought to be done, even if it requires a fictional assumption.</p> Signup and view all the answers

What is the meaning of the phrase 'equity abhors a forfeiture'?

<p>Equity disfavors the concept of forfeiture and seeks to prevent it.</p> Signup and view all the answers

What is the basis for the equitable defense of laches?

<p>Equity aids the vigilant, and not those who slumber on their rights.</p> Signup and view all the answers

Study Notes

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Description

Test your knowledge of equity with this quiz on the 20 maxims of equity. Learn about the principles of fairness and how they relate to the judicial system.

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