Which of the Following Is Correct with Respect to the Law

question 116

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 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.

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