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Is there a right to jury trial in most common law cases while there is usually no jury in equity cases?
Wiki User
∙ 14y ago
(in the US) There are no STRICTLY "common-law" courts, or cases, either prosecuted or presented to the court.
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Wiki User
∙ 14y ago
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What types of cases could early common law hear?
All cases which were not subject to the jurisdiction of another court. There were two court systems, the courts of law, and the courts of equity. Equity was descended from church courts and was more concerned with fairness and what was "right". Certain remedies were available only in one or the other. Money damages cases were heard in law courts, while pleas for injunctive relief - a court order to compel the defendant to do something, or stop doing something, were matter for the courts of equity. Today the two are "merged" in our modern judicial system and you can apply for relief which was traditionally "legal" or "equitable" in the sole court system.
What is the difference between equity and justice?
justice is to be right or wrong/fair equity is right and wrong um equal
Define the term of common law and equity?
Common law is the system of deciding cases that originated in England and which was latter adopted in the U.S.. Common law is based on precedent (legal principles developed in earlier case law) instead of statutory laws. It is the traditional law of an area or region created by judges when deciding individual disputes or cases. Common law changes over time.The U.S. is a common law country. In all states except Louisiana, which is based on Napoleonic code, the common law of England was adopted as the general law of the state, or varied by statute. Today almost all common law has been enacted into statutes with modern variations by all the states. Broad areas of the law, such as property, contracts and torts are traditionally part of the common law. Because these areas of the law are mostly within the jurisdiction of the states, state courts are the main source of common law. The area of federal common law is primarily limited to federal issues that have not been addressed by a statute.The word Equity has the following meanings:The body of principles constituting what is fair and right or the natural lawIt could refer to fairness, impartiality or evenhanded dealing. For example as per the company policies managers should use equity in dealing with subordinate employees.The principles of justice used to correct or supplement the law as applied to particular circumstances. For example the judge decided the case by equity because the statute did not fully address the issue. In this sense it is also termed natural equityThe system of law or body of principles which originated in the English court of Chancery, which superseded the common law and statute law when there was a conflict between the two.A right, interest or remedy recognizable by a Court of equityThe right to decide matters in equity or equity jurisdiction.An ownership interest in the property especially a business. For example A gave her equity in the business to B.A share in a publicly traded company. For example A did not want to cash in his equity
What are the rules for equity loan refinance in the UK?
The rules for equity loan refinance in the UK are that consumers have a right to cancer a equity loan up to three days after signing a contract for an equity loan. This new rule is called the right of rescission.
What is the difference between a direct equity claim and an indirect equity claim?
A direct equity claim is an owner's and shareholder's right to profits. An indirect equity claim is a shareholder's right to compensation due to damages received by the company the shareholder owns shares with.
What is the advantages of right issue?
raise equity
Is a stock option redistributable?
What do you mean redistributable? For what it's worth, stock options do not usually grant the owner the right to dividends or other equity-related income.
What side does capital go on a t account?
Owner's equity capital goes on the right side of the T account. Usually, the corresponding entry is to cash which goes on the left side.
Equity courts are the birthplace of the right to a jury trail?
yes
Is the isosceles triangle is always a right triangle?
It usually is a right angle that represents an isosceles triangle but there are some cases that the right and left side are equal and the base is the one with an unequal length.
Does owners equity account balances in the credit side?
Yes. Owner's Equity is a credit and typically displays on the right side of a balance sheet.
Equity function of government?
which of these describes the far right of the economic spectrum
