🎧 New: AI-Generated Podcasts Turn your study notes into engaging audio conversations. Learn more

20 Maxims of Equity Quiz
35 Questions
361 Views

20 Maxims of Equity Quiz

Created by
@ComprehensiveWildflowerMeadow

Podcast Beta

Play an AI-generated podcast conversation about this lesson

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

Studying That Suits You

Use AI to generate personalized quizzes and flashcards to suit your learning preferences.

Quiz Team

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.

More Quizzes Like This

Equity+Trust=Covenant Quiz
39 questions
Equity and the Law of Trusts Chapter 1 § 1 Quiz
14 questions
Legal System in Hong Kong: Common Law and Equity
28 questions
Equity and Trust: Maxims Overview
30 questions
Use Quizgecko on...
Browser
Browser