answersLogoWhite

0

A suit of equity refers to a legal action brought before a court seeking equitable relief rather than monetary damages. Equity courts, historically separate from law courts, focus on fairness and justice, providing remedies such as injunctions, specific performance, or rescission. These suits are often initiated when legal remedies are inadequate to resolve a dispute, addressing issues related to property, contracts, and trusts. The principles of equity aim to ensure just outcomes based on the circumstances of each case.

User Avatar

AnswerBot

1w ago

What else can I help you with?

Related Questions

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 would someone want from an equity suit?

In a homestead equity lawsuit they would be suing for the monetary equity that has accumulated on a home, and payout.


What is equity suit?

A person or group seeks fair treatment in this situation.


Where to file the adverse claim?

Generally, an adverse possession suit is filed in a court of equity.


What has the author Michael Meehan written?

Michael Meehan has written: 'Mrs. Eddy and the late suit in equity'


What is controversial mean?

Contention; dispute; debate; discussion; agitation of contrary opinions., Quarrel; strife; cause of variance; difference., A suit in law or equity; a question of right.


Can I contest the 401K beneficiary that a deceased son listed who is not a member of the family?

Your son had the right to name a beneficiary of his choosing for his 401K. Since it will bypass probate, there is no way for you to protest it unless you hire an attorney and try to bring a suit to a court of equity. It is unlikely that your suit would succeed.


Where can one find information on a equity home loan mortgage refinance?

When looking to find information about equity home loan refinance mortgages it may be possible to find the ideal mortgage refinance package to suit the required customer needs by visiting such websites as Age Partnership, the Money Supermarket comparison site.


Is there a law requiring equity in pay between men and women?

No. This would fall into a discrimination type suit. Its tough to prove pay disc. between men and women but it can be done with good documentation.


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....


What is net equity?

net new equity is given by the formula; new equity-old equity- addition to retained earnings


What is the singular possessive of equity?

The possessive form of the singular noun equity is equity's.