Which of the Following Is Correct with Respect to the Law

question 105

Multiple Choice

Which of the following is correct with respect to the law of equity?

• A) Equity no longer exists; the courts were merged.
• B) "Equity" means fairness in our legal system.
• C) 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.
• D) "Equity" refers to the body of law created by the Courts of Chancery.
• E) "Equity" refers to the amount still owing on a debt.

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Definitions:

Manager Avoid

The tendency of managers to steer clear of certain situations, tasks, or confrontations in a work environment.

Employee Assistance Program

A work-based intervention program designed to assist employees in resolving personal problems that may be affecting their job performance.

Economic Sense

Implies making decisions or taking actions that are financially prudent, cost-effective, or beneficial for the financial health of an organization or individual.

Oral Warning

A verbal caution given to an employee regarding their performance or behavior that does not meet the required standards.