Which of the following is correct with respect to the law of equity?
A) Equity no longer exists; the courts were merged.
B) Equity refers to the amount still owing on a debt.
C) Equity refers to the body of law created by the Courts of Chancery.
D) The Court of Equity was one of the original common law courts along with the Court of King's Bench and the Court of the Exchequer.
E) Equity means fairness in our legal system.

Question

Quizplus · Accepted Answer

The law of equity refers to the body of law created by the Courts of Chancery.

Which of the Following Is Correct with Respect to the Law