Regarding the System of Equity, Which One of the Following Statements is Untrue? - Legal Reasoning

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MCQ

Regarding the system of equity, which one of the following statements is untrue?

Options

  • If the common law and equity conflict, the common law prevails

  • Equity refers to the supplementary system of law that originally derived from the decisions of the Court of Chancery

  • The rules of equity are more concerned with fairness than the rules of the common law

  • The administration of common law and equity are fused, so any court may apply common law or equitable principles

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Solution

If the common law and equity conflict, the common law prevails

Concept: Law : Its Nature and Classification
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