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Equity is said to alleviate the obstinacy of common law, which allows the courts to employ their tact and apply righteousness in compliance with the natural law. The equity was incomplete by procedural and substantive rules but at present i...
equity. The basic nature of this case is related to the role that trust mechanism plays. Facts In Pennington v Waine case, Ada Crampton was a director of Crampton Bros (Coopers) Ltd and was the major shareholder. In the year 1998, on 30th S...
Equity and Trusts; found in English trusts law. Relevant examples would be used to shed light on the dilemmas perpetuated by Eric’s will and the implications of express trust laws over it. Body According to the English Law, express trusts, ...
equity encompasses a body of rules, principles and doctrines initially developed by the Court of Chancery, broadly aimed to address the conflicts identified with uniform rules of justice that were inflexible and often harsh on particular in...
equity will not perfect an imperfect gift' and consider situations that suggest that this maxim is not a wholly accurate statement in current English law. In order to do so, the term paper will interpret the procedure and rationale of the m...
Equity steps in here since “equity will not allow a trust to fail for want of a trustee”; Re Smirthwaite (1861). To be valid a will must strictly comply with formalities. According to s.9 Wills Act 1837 a will must be in writing, it must be...
equity which will not perfect an imperfect gift is a particular application of the more general principle that equity will not assist a volunteer. A volunteer is someone who has not supplied concern for certain thing of value. This maxim is...