Chapter 1.3 The Common Law Tradition: Equitable Remedies and Courts of Equity

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Vocabulary flashcards covering key terms related to remedies and courts of equity from the lecture notes.

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21 Terms

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remedy in law

The means given to a party to enforce a right or to compensate for the violation of a right.

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remedies at law

Monetary or property compensation (money damages, land, etc.) awarded by courts of law.

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remedies in equity

Non-monetary remedies based on fairness, such as injunctions, specific performance, or rescission.

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injunction

A court order directing someone to do or refrain from doing a particular act.

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specific performance

An equitable remedy ordering a party to perform exactly as promised in a contract.

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rescission

An equitable remedy that cancels a contract and returns parties to their pre-contract positions.

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courts of law

Early English royal courts limited to awarding money or property as remedies.

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courts of equity (chancery courts)

Courts established to provide remedies when courts of law could not, focusing on fairness.

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judgment

The result of an action at law (typically an award of damages).

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decree

The result of an action in equity (such as an order for specific performance).

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complaint

The filing to initiate a lawsuit in an action at law.

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petition

The filing to initiate a lawsuit in an action in equity.

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who decides an action at law

A judge or jury.

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who decides an action in equity

A judge only (no jury).

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equitable principles and maxims

General statements of fairness that guide courts in granting equitable remedies.

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Whoever seeks equity must do equity

To be treated fairly, one must act fairly.

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One must come with clean hands

A plaintiff must have acted fairly and honestly to seek equitable relief.

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Equity regards substance rather than form

Equity focuses on fairness and justice, not legal technicalities.

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doctrine of laches

Equity will not aid those who delay too long in asserting their rights; encourages timely lawsuits.

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statutes of limitations

Laws that set maximum time limits for bringing certain legal actions.

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Equity aids the vigilant, not those who rest on their rights

Courts favor those who act promptly to protect their rights.