alleryStart learning →The 'Principle of Equity' as a source of English law was administered by the:
AHouse of Lords sitting in admiralty jurisdiction
BPrivy Council under the King-in-Council
CLocal Mayors of London
DChancellor in the Equity Courts
Answer & Solution
Correct answer: D. Chancellor in the Equity Courts
1. The unit describes how Equity arose when Common Law gave no remedy or inadequate remedy.
2. People petitioned the King, who referred matters to the Chancellor.
3. The Chancellor (usually a Bishop) decided cases per natural justice and good conscience.
4. Such decisions came to be known as 'Equity' and the courts as 'Equity Courts'.
5. The Judicature Act, 1873 merged Common Law and Equity courts; their separate existence was abolished.
_Source: ICSI CS Executive Programme, Paper 1 "Jurisprudence, Interpretation and General Laws", Lesson 1 "Sources of Law" (Nov 2021 edition, pp 2-19)._
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