Law Of Equity MCQs with Explanations

Equity is a branch of law that developed historically to provide remedies in cases where the strict application of common law principles would lead to unjust or inadequate outcomes. When individuals seek relief in Equity Court, it is generally considered a matter of grace . This means that individuals approach the court seeking fairness and equitable solutions beyond what strict legal rights may provide. Equity Courts have the authority to grant remedies based on principles of fairness, conscience, and justice. The decisions of Equity Courts are not solely based on legal rights (which would be a matter of right ), but rather on equitable considerations that take into account the unique circumstances of each case. As a result, approaching an Equity Court is more aligned with seeking equitable remedies as a matter of grace rather than as an absolute legal entitlement. Option C: Only (B) and not (A) is not accurate because approaching an Equity Court is not solely a matter of legal right. Equitable remedies often go beyond strict legal rights to address the broader context and ensure just outcomes. Note: In the context of Equity Law, the term "matter of grace" signifies the discretionary power of the court to grant relief based on considerations of fairness and justice.

Both (A) and (B) is the correct answer to “Relief from Equity Court could be obtained”. This question is standard in competitive examination syllabi for Law Of Equity.

Both (A) and (B) is the correct answer to “Essentials of Doctrine of Election include”. This question is standard in competitive examination syllabi for Law Of Equity.

Maitland is the correct answer to “Doctrine of Election is considered to be based on the principles of compensation by”. This question is standard in competitive examination syllabi for Law Of Equity.

Both (1) and (2) are true and (2) is the correct explanation of (1) is the correct answer to “Choose the correct answer (1) In case of conflict, the rule of Chancery did not prevail over common law (2) The defendant could apply to the Court of Chancery for an order called a common injunction”. This question is standard in competitive examination syllabi for Law Of Equity.

The Roman jurists is the correct answer to “The English Court of Chancery, incorporated into the Equity Jurisprudence of English law, the concept of acquitas as conceived by”. This question is standard in competitive examination syllabi for Law Of Equity.

a-2, b-4, c-1, d-3 is the correct answer to “Match the following List I (Decided Cases) List II (Principle Stated) a. Aequitaes est corectio legis generalities latae, qua parte deficit 1. Equity never counteracts law b. Aequitaes sequitur legem 2. Equity is a correction of the general law in the part where it is defective c. Aequitaes nunqua contravenit leges 3. The law helps the vigilant and not he dormant d. Vigilantibus, non dormientibus jura subvenient 4. Equity follows the law”. This question is standard in competitive examination syllabi for Law Of Equity.

Counter claim is the correct answer to “Legal estate prevails over the equitable estate applies to all, but one of the following”. This question is standard in competitive examination syllabi for Law Of Equity.

Surva U. P. Gramin Bank v. Manoj Kumar Sinha, (2010) 3 SCC 556 is the correct answer to “In which of the following cases the Supreme Court held that "Breach of Fiduciary Duty of Trust is to be judged in the line of Equity"”. This question is standard in competitive examination syllabi for Law Of Equity.

Neither (A) nor (B) is the correct answer to “Choose the correct answer Till the year 1875”. This question is standard in competitive examination syllabi for Law Of Equity.

The legal representatives of the donee is the correct answer to “An election made is binding on”. This question is standard in competitive examination syllabi for Law Of Equity.

Section 49 of Transfer of Property Act is the correct answer to “Where equities are equal, the first in time shall prevail, shall apply to all, but one of the following”. This question is standard in competitive examination syllabi for Law Of Equity.

Equitable relief on ground of coercion is the correct answer to “The equitable doctrines featuring in the Indian Contract Act are mainly all, but one of the following”. This question is standard in competitive examination syllabi for Law Of Equity.

Section 9 of Code of Civil Procedure is the correct answer to “Aequitaes est corectio legis generalities latae, qua parte deficit i.e, equity is a correction of the general law in the part where it is defective, is particularly embodied in”. This question is standard in competitive examination syllabi for Law Of Equity.

Maitland is the correct answer to “"Equity now is that body of rules administered by English Courts of Justice which were if not for the operation of the judicature Acts, would be administered only by those courts which would be known as Courts of Equity" has been defined by”. This question is standard in competitive examination syllabi for Law Of Equity.

The enforcement of purely legal rights is the correct answer to “He who seeks equity must do equity does not apply in”. This question is standard in competitive examination syllabi for Law Of Equity.

Court of Chancery is the correct answer to “An equitable interest recognised by the”. This question is standard in competitive examination syllabi for Law Of Equity.

The Sale of Goods Act, 1930 is the correct answer to “Statutory recognition of the principles of principles of equity is not found in”. This question is standard in competitive examination syllabi for Law Of Equity.

The time stipulated in the instrument is the correct answer to “Election must be made within”. This question is standard in competitive examination syllabi for Law Of Equity.

Proportional equality is the correct answer to “Equality means”. This question is standard in competitive examination syllabi for Law Of Equity.

(1), (3) is the correct answer to “Choose the correct statements (1) Equitable interests can be settled, mortgaged and disposed of in the same way as legal interest (2) In case of conflict between equity and law, equity prevails (3) When equities are equal, that which is first in time will prevail”. This question is standard in competitive examination syllabi for Law Of Equity.

Conscience is the correct answer to “The primary source of equity is”. This question is standard in competitive examination syllabi for Law Of Equity.

Section 49 of Code of Civil Procedure is the correct answer to “Equity delights in equality does not apply to”. This question is standard in competitive examination syllabi for Law Of Equity.