Explain your understanding of the following maxim of equity with the use of examples or scenarios...
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
Explain your understanding of the following maxim of equity with the use of examples or scenarios i. ii. iii. Equity looks at the intent rather than the form Equity aids the vigilant, not those who slumber on their rights. Equity will not suffer wrong without a remedy. "Where the parties have not shown a definite intention at the time of the contract, S.18 of the Sales of Goods Act states the rules that should be followed in deciding the time the property passes." Discuss TWO (2) of such rules. Explain your understanding of the following maxim of equity with the use of examples or scenarios i. ii. iii. Equity looks at the intent rather than the form Equity aids the vigilant, not those who slumber on their rights. Equity will not suffer wrong without a remedy. "Where the parties have not shown a definite intention at the time of the contract, S.18 of the Sales of Goods Act states the rules that should be followed in deciding the time the property passes." Discuss TWO (2) of such rules.
Expert Answer:
Answer rating: 100% (QA)
Maxims of Equity i Equity looks at the intent rather than the form Explanation In equity the focus is on the substance or intention behind an action r... View the full answer
Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
Posted Date:
Students also viewed these law questions
-
1.Can you file as a married couple if you have a common law marriage?Must you have a marriage license to file as married filing jointly. 2.Must you have a written dissolution if you dissolve your...
-
THIRD AVENUE SOFTWARE HEALTH-CARE APP PROJECT This case is new for the ninth edition of Information Technology Project Management . The case provides an opportunity to apply agile and Scrum...
-
Managing Scope Changes Case Study Scope changes on a project can occur regardless of how well the project is planned or executed. Scope changes can be the result of something that was omitted during...
-
Natalie Warren is a single woman in her late 20s. She is renting an apartment in the fashionable part of town for $1,300 a month. After much thought, she's seriously considering buying a condominium...
-
Find the expression for the change in internal energy u for a gas obeying the equation of state P = RT/(v - b) - a/v2 (the van der Waals equation) assuming constant specific heats.
-
The Zimmerman Agency conducted a study for Residence Inn by Marriott of business travelers who take trips of five nights or more. According to this study, 37% of these travelers enjoy sightseeing...
-
Prove that the LES filtering operation (11.67) is linear and commutes with space and time derivatives. For the space derivatives, consider two cases: a uniform and a nonuniform filter.
-
Delta Company produces a single product. The cost of producing and selling a single unit of this product at the companys normal activity level of 60,000 units per year is: The normal selling price is...
-
. 3. Problem 22-03 (Tax Shield Value) eBook E Problem Walk-Through Tax Shield Value Wilde Software Development has a 10% unlevered cost of equity. Wilde forecasts the following interest expenses,...
-
A tennis ball is mounted on a spring that is suspended from a ceiling in John's dorm room. For entertainment, stress relief, boredom or just for a pure conversation piece, the tennis ball can be...
-
What is the present value of a perpetuity of P 1 0 , 0 0 0 payable every end of 3 months if money is worth 1 0 % compounded monthly? A . P 3 9 6 , 6 8 5 . 3 7 5 , 9 8 6 . 4 5 3 , 4 9 8 D . P 4 2 5 ,...
-
T/F: EBTs are enduring concepts and extremely stable.
-
Do you feel that functional requirements identified for this pattern are important to separate them from the EBT?
-
Analysis pattern is applicable to many domains (T/F).
-
T/F: BOs are internally stable and externally adaptable.
-
T/F: EBTs + BOs = Knowledge Map of any domain or any system or any pattern.
-
Please allocate sufficient time for all homework assignments as they usually take time to complete. Start early on assignments. If you have doubts, please email the instructor. Please submit your...
-
Suppose that A is an m n matrix with linearly independent columns and the linear system LS(A, b) is consistent. Show that this system has a unique solution.
-
Frederick (Freddy) Freeweights (age 42) owns and operates a health club called ''Treadmills West.'' The business is located at 4321 Arnold Street, Alpine, CA 91901. Freddy had the following income...
-
Professor Patricia (Patty) Pate is retired from the PalmSprings Culinary Arts Academy (PSCAA). She is a single taxpayer and is 68 years old. Patty lives at 98 Colander Street, Henderson, NV 89052....
-
Abigail (Abby) Boxer is a single mother working as a civilian accountant for the U.S. Army. Her Social Security number is 676-73-3311 and she lives at 3456 Alamo Way, San Antonio, TX 78249. Helen,...
-
Describe the 1040EZ, 1040A, and 1040 income tax forms.
-
Identify the factors to consider when filling out the W-4 form for your employer.
-
The following information for Great Oaks Furniture, a retail furniture and design firm, relates to Exercises 6 through 11. Perform a horizontal analysis of the balance sheets and income statements...
Study smarter with the SolutionInn App