Principles of Equity During the early development
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Principles of Equity
During the early development of equity the early chancellors acted at
their own discretion, but eventually they did follow the decisions of
early chancellors. But the 8th century, some firm rules of equity were
established which guided later chancellor in deciding disputes. These
rules are known as equitable maxims – which are propositions or
statement of equitable rules.
Some of these maxims include the following:
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