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The impact of modern equity on common law is if you have it, spend it. For the people that are better off, the modern equity states to spend the money you do have to keep the economy going.

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10y ago
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7mo ago

Modern equity has influenced common law by introducing principles of fairness and justice that may not be covered by traditional legal rules. This has led to a more flexible and equitable legal system that seeks to address individual circumstances and prevent injustices. Overall, the impact of modern equity on common law has been to create a more balanced and just legal framework.

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Q: What has been the impact of modern equity on common law?
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