Examlex
Which of the following will decrease the equilibrium quantity of education in a market?
Equitable Maxim
A general legal principle applied in fairness (equity) cases, guiding judges in decision making where strict application of the law might result in an unjust outcome.
Equity
In legal contexts, refers to the body of principles constituting what is fair and right; in finance, refers to the value of an owner's interest in property or a business, after debts are subtracted.
Clean Hands
A legal doctrine stating that a party seeking equitable relief must be free from wrongdoing in the matter before the court.
Equitable Maxim
Fundamental principles or legal standards derived from equity law, guiding fair and impartial judgement in cases where common law is inadequate.
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