Question

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

Answer 1

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