QUESTION 1. Equity has made the law more fair. Discuss Equity can be defined in a technical sense as a branch of law administered by the court of chancery before the passing of the Judicature Act (1873-1875) with a view of supplementing the common law rules. Equity developed because of the problems of the common law. The word ’equity’ has a meaning of ’fairness’ and this is the basis on which it operates. The existing law as at the time equity arose was common law‚ equity acted as a supplement
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The word ‘equity’ can be seen to have a wide range of meanings- to many it is a synonym for ‘fairness’ or justice’. Those within the legal community recognise equity as the body of rules developed and applied by the Court of Chancery; a court previously presided over by the Lord Chancellor with rules developed under his authority. The law of equity developed due to the inflexibility of the common law. Before the development of equity‚ The law was rigid (which was often cited as a weakness) for example
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Equity In accounting and finance‚ equity is the residual value or interest of the most junior class of investors in assets‚ after all liabilities are paid; if liability exceeds assets‚ negative equity exists. In an accounting context‚ shareholders’ equity (or stockholders’ equity‚ shareholders’ funds‚ shareholders’ capital or similar terms) represents the remaining interest in the assets of a company‚ spread among individual shareholders of common or preferred stock; a negative shareholders’ equity
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Sonia Baker Essay What does a graduate degree mean to me Obtaining a graduate degree is a lifetime achievement for me and my family. A graduate credential would provide me with a better quality of life because graduate students earn higher salaries. The online study program will allow me to commit a few hours weekly and I decide when and where to study. I feel that the Master of Science specialization in Change Leadership is a unique opportunity that will help me to combine a broad knowledge
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Equity Equity means social justice or fairness; it is an ethical concept‚ grounded in principles of distributive justice.39–[->0]42[->1] Equity in health can be—and has widely been—defined as the absence of socially unjust or unfair health disparities.1‚[->2]6[->3] However‚ because social justice and fairness can be interpreted differently by different people in different settings‚ a definition is needed that can be operationalised based on measurable criteria. For the purposes of operationalisation
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Obtaining a college degree is very beneficial in ones life. I decided to became a first generation college student‚ and attend the number one HBCU‚ Florida Agriculture and Mechanical University. I decided to further my education because I wanted to get away from home‚ make money‚ and help my family. I wanted to attend college because‚ I wanted to get away from home. I wanted to escape from home because I was tired of living in poverty. Therefore‚ I was not staying in the best living conditions
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Obtaining a Sustainable Society Environmental Science Abstract There is a time where people wonder what the world is going to come to. Is there going to be a time where we run out of resources‚ or will we run out of room and become over populated? It is natural to wonder these types of questions. So we as humans need to come up with a solution on how we can maintain what we have now before it is gone and we have no future to look forward to. By doing this we can ensure that our children and
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Obtaining a Healthy Marriage By: Robyn Cwiack “Being successful in love and in life requires the folks who profess to be in love to do simple things. True love is always about doing the simple things. LOVE is an accumulation of doing the simple things! Simple Things Matter”‚ says Dr. Charles and Elizabeth Schmitz‚ renowned love and marriage experts and multiple award-winning authors. Once vows have been exchanged‚ marriage comes with responsibilities and guidelines that both must follow in order
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Maxims and Equity Equity in its broadest sense means fairness. Within the legal system it’s known to be a body of law that looks at all concerns which fall separate from the jurisdiction of common law. It allows courts to use their discretion and apply justice in accordance with “natural law”. Dictionary.com’s definition of maxim is “an expression of a general truth or principle‚ a principle or rule of conduct”. Maxims of equity can be described as an established principle of fairness. They
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Benefits By completing a college degree program‚ there are several benefits beyond personal satisfaction and achievement and officer is able to reap. Increased salary can motivate just about anyone and officers obtaining a degree can be rewarded with extra monthly income. Zimmerman (2014) explains in the late 1970’s a college graduate earned a 55 percent greater salary than that of a person holding only a high school diploma. This percentage had soared to 75 percent by the 1990’s. The author
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