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Law of Equity

Practice Test 1

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An election made is binding on

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Where equities are equal, the first in time shall prevail, shall apply to all, but one of the following

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The equitable doctrines featuring in the Indian Contract Act are mainly all, but one of the following

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Election must be made within

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In the conflict between equity on one hand and the text of law on the other, the court shall

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He who seeks equity must do equity does not apply in

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Match the following

List I (Decided Cases)
List II (Principle Stated)

a. Aequitaes est corectio legis generalities latae, qua parte deficit
1. Equity never counteracts law

b. Aequitaes sequitur legem
2. Equity is a correction of the general law in the part where it is defective

c. Aequitaes nunqua contravenit leges
3. The law helps the vigilant and not he dormant

d. Vigilantibus, non dormientibus jura subvenient
4. Equity follows the law

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The English Court of Chancery, incorporated into the Equity Jurisprudence of English law, the concept of acquitas as conceived by

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An equitable interest recognised by the

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The primary source of equity is

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Aequitaes est corectio legis generalities latae, qua parte deficit i.e, equity is a correction of the general law in the part where it is defective, is particularly embodied in

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Statutory recognition of the principles of principles of equity is not found in

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Choose the correct statements
(1) Equitable interests can be settled, mortgaged and disposed of in the same way as legal interest
(2) In case of conflict between equity and law, equity prevails
(3) When equities are equal, that which is first in time will prevail

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Equity delights in equality does not apply to

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Essentials of Doctrine of Election include

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Legal estate prevails over the equitable estate applies to all, but one of the following

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Choose the incorrect statement

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English rules of equity have

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Choose the correct answer
Till the year 1875

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Choose the correct answer

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When one can approach an Equity Court as a

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Relief from Equity Court could be obtained

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In which of the following cases the Supreme Court held that “Breach of Fiduciary Duty of Trust is to be judged in the line of Equity”

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Choose the correct answer
(1) In case of conflict, the rule of Chancery did not prevail over common law
(2) The defendant could apply to the Court of Chancery for an order called a common injunction

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Doctrine of Election is considered to be based on the principles of compensation by

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“Equity now is that body of rules administered by English Courts of Justice which were if not for the operation of the judicature Acts, would be administered only by those courts which would be known as Courts of Equity” has been defined by

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Choose the correct statement

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