Which of the following is correct with respect to the law of equity?
A) Equity means fairness in our legal system.
B) Equity refers to the body of law created by the Court of Chancery.
C) The Court of Equity was essentially a common law court.
D) Equity no longer exists; the courts were merged.
E) Equity refers to the amount still owing on a debt.
Correct Answer:
Verified
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