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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 is the singular possessive of equity?
The possessive form of the singular noun equity is equity's.
What is net new equity?
net new equity is given by the formula; new equity-old equity- addition to retained earnings
What is the equity multiplier if a company has a debt equity ratio of 1.40 return assets is 8.7 persent and total equty is 520000?
The equity multiplier = debt to equity +1. Therefore, if the debt to equity ratio is 1.40, the equity multiplier is 2.40.
What is equity line of credit?
An equity line of credit is issued based on the amount of equity you have in your home. If you have a $100,000 house and owe $75,000 then you would have $25,000 in equity.
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 if your remedy at law is generally monetary damages while in equity you ask the court to do something Why how historically did this division arise?
This division arose because in some cases money was not an appropriate remedy. When the dispute is over an heirloom, for example, the damaged party would want the heirloom back instead of its monetary value,
How do you use the remedy?
remedy
What rhymes with enmity?
remedy remedy
What is Remedy sought?
remedy sought
What is a home remedy for remedy for rash?
No
What agreements are contract?
A contract is a legally enforceable agreementbetween two or more parties with mutual obligations. The remedy at law for breach of contract is "damages" or monetary compensation. In equity, the remedy can be specific performance of the contract or an injunction. Both remedies award the damaged party the "benefit of the bargain" or expectation damages, which are greater than mere reliance damages, as in promissory estoppel.
How do you use remedy in a sentence -?
Example sentences using 'remedy':My grandmother made a remedy for my sore throatThis remedy aims at boosting yourimmunesystemYou can buy a herbal remedy from a medicine storeJohn is looking for a remedy to treat his tummy upsetThe loans are provided to remedy the failings of the decent homes standard
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....
When law and equity conflict which prevails?
In the legal system, equity prevails over law when there is a conflict. This principle ensures that fairness and justice are upheld, even if it means deviating from strict legal rules. The goal is to ensure that individuals receive fair treatment and that outcomes are just.
What is common law and equity?
Common law is a body of legal precedent compiled by past court decisions. These decisions become the rules that common law judges use to decide legal disputes. Courts of equity provide a remedy when common law courts decide a case constitutes an inequitable situation. The common law court determines things are legally unbalanced between two parties; the court of equity provides equalizing relief. Equity to common law tends to reduce any injustice caused by the strict application of the common law and mitigates
Discuss equity as a source of law?
Courts in Britain sat either in law or in equity. Courts in the United States frequently have both types of status or power. Legal remedies are essentially monetary in nature. Equitable remedies ordinarily require action instead of money. For instance, an injunction or temporary restraining order is an equitable remedy.
