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Maxims Of EquityThe maxims of equity evolved, in Latin and eventually translated into English, as the principles applied by courts of equity in deciding cases before them. Among the traditional maxims are: - Equity regards as done that which ought to be done.
- Equity will not suffer a wrong to be without a remedy.
- Equality is equity.
- Equity regards substance rather than form.
- One who seeks equity must do equity.
- One who comes into equity must come with clean hands.
- Equity aids the vigilant, not those who slumber on their rights.
- Equity imputes an intent to fulfill an obligation.
- Equity acts in personam. (Against the person, not their property)
- Delay defeats equity.
- Equity will not concern itself with abstract wrongs.
- Equity abhors a forfeiture.
- Equity does not require an idle gesture.
- Equity will not permit a party to profit by his own wrong.
- Equity delights to do justice and not by halves.
- Equity will take jurisdiction to avoid a multiplicity of suits.
- Equity follows the law.
- Equity will not aid a volunteer.
- Between equal equities the law will prevail.
- Between equal equities the first in order of time shall prevail.
In modern times, law students have summed up the meaning of the maxims as: See also: brocard
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