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What the purpose of a suit in equity?
A suit in equity refers to a legal action whereby the plaintiff seeks an equitable remedy.
What is the singular possessive of equity?
The possessive form of the singular noun equity is equity's.
What is net new equity?
net new equity is given by the formula; new equity-old equity- addition to retained earnings
What is the equity multiplier if a company has a debt equity ratio of 1.40 return assets is 8.7 persent and total equty is 520000?
The equity multiplier = debt to equity +1. Therefore, if the debt to equity ratio is 1.40, the equity multiplier is 2.40.
How to calculate the average shareholders' equity?
To calculate the average shareholders' equity, add the beginning shareholders' equity to the ending shareholders' equity and divide by 2. This gives you the average shareholders' equity for the period.
What the purpose of a suit in equity?
A suit in equity refers to a legal action whereby the plaintiff seeks an equitable remedy.
What if your remedy at law is generally monetary damages while in equity you ask the court to do something Why how historically did this division arise?
This division arose because in some cases money was not an appropriate remedy. When the dispute is over an heirloom, for example, the damaged party would want the heirloom back instead of its monetary value,
How do you use the remedy?
remedy
What rhymes with enmity?
remedy remedy
What is Remedy sought?
remedy sought
What is a home remedy for remedy for rash?
No
What agreements are contract?
A contract is a legally enforceable agreementbetween two or more parties with mutual obligations. The remedy at law for breach of contract is "damages" or monetary compensation. In equity, the remedy can be specific performance of the contract or an injunction. Both remedies award the damaged party the "benefit of the bargain" or expectation damages, which are greater than mere reliance damages, as in promissory estoppel.
How do you use remedy in a sentence -?
Example sentences using 'remedy':My grandmother made a remedy for my sore throatThis remedy aims at boosting yourimmunesystemYou can buy a herbal remedy from a medicine storeJohn is looking for a remedy to treat his tummy upsetThe loans are provided to remedy the failings of the decent homes standard
What is plural for remedy?
The plural for remedy is remedies.
Difference between equity and owner's equity?
EQUITY:- Equity is the term in which liability is introducedOwner Equity :- Owner Equity is the term in which liabilty and owner capital is introduce...it is some time called Equities....
When law and equity conflict which prevails?
In general, the law prevails over equity unless the circumstances are such that a manifest injustice would result. The maxim at common law is: "Equity follows the law." This means two things. One is that whenever there is an adequate remedy at law, legal relief rather than equitable relief should be provided. The second is that if the law on a subject is explicit, equity does not supersede it. Equity law developed out of a sense of fairness when the law courts could not grant relief that adequately compensated a party for a loss or harm. Since resort was made to equity only when there was no adequate provision in law, the rule became that courts look to the law first, then to equity.
What is common law and equity?
Common law is a body of legal precedent compiled by past court decisions. These decisions become the rules that common law judges use to decide legal disputes. Courts of equity provide a remedy when common law courts decide a case constitutes an inequitable situation. The common law court determines things are legally unbalanced between two parties; the court of equity provides equalizing relief. Equity to common law tends to reduce any injustice caused by the strict application of the common law and mitigates
