Money damages are generally considered a legal remedy rather than an equitable remedy. Legal remedies, such as monetary compensation, aim to provide a specific sum to the injured party to make them whole for their losses. In contrast, equitable remedies, like injunctions or specific performance, involve court orders that require a party to act or refrain from acting in a certain way. Therefore, while money damages can address harm, they do not fall under the category of equitable remedies.
If the plaintiff ASKS for, or agrees to ACCEPT, an equitable remedy, this could be true statement.
They are normally considered an equitable remedy. In some cases there may be more equitable methods of compensation.
An equitable remedy is different from a (money) damages remedy, usually because no amount of money would solve the plaintiff's problem. In other cases, such as contract modification, it is more efficient to restate the agreement than to guess at what the parties' damages might be.
When deciding between a legal remedy or an equitable remedy, factors to consider include the nature of the harm, the available remedies, the effectiveness of each remedy, and the principles of fairness and justice in the specific situation.
A writ of mandamus is a petition to the court asking them to order an official to do their job. It is an equitable remedy and their is no money involved.
Rescission is considered an equitable remedy. It allows a contract to be cancelled and parties to be restored to their pre-contractual positions. It is typically granted by a court to prevent unjust enrichment or unfair outcomes.
Injunctions are equitable remedies, they are not remedies which the claimant has a right to and are therefore given at the discretion f the court.
Yes, rescission is an equitable remedy in legal matters. It allows a contract to be canceled or undone, typically due to a breach of contract or other wrongdoing by one party. Rescission aims to restore the parties to their pre-contractual positions.
A suit in equity refers to a legal action whereby the plaintiff seeks an equitable remedy.
The most common legal remedy is money damages.
10 to 15 minutes
MONY/AXA Equitable contact info is below: