WebA maxim which refines the principle that equity looks on as done that which ought to be done 1 is the maxim 'Equity looks at the intent rather than the form' of a transaction. Ultimately, the court will be concerned to establish what was the objective intention of the parties 2. In this regard equity does not differ from common law 3. WebOct 30, 2024 · Maxims of equity, Equity looks to the intent rather than to form.Like the Video & Subscribe the Channel for more helpful videos. AboutPressCopyrightContact ...
Maxims of Equity Explained (With Application and Limitations)
WebDec 20, 2024 · EQUITY LOOKS AT INTENT RATHER THAN FORM: while equity is interested in the substance, common law is interested in the form. Application of the … WebSee Page 1. 7. EQUITY LOOKS AT THE INTENT /SUBSTANCE RATHER THAN THE FORM This maxim means that equity looks at the reality of what was intended rather the way in which it is expressed. The court will be concerned to establish what the objective of the parties was. The court makes a distinction between matters of substance and form. shorts cheeks hanging out for women
Equity (Outline No. 4) - Equity: Outline No. 4 Topics: Equity looks …
WebSep 14, 2024 · Equity looks on that as done which ought to have been done This maxim states that in cases where individuals are required, by law or by agreement, to perform … WebMaxim 7 Equity looks to the intent rather than the form. Meaning: As is seen before, Common Law was very rigid and inflexible. It could not respond favorably to the demands of time. In respect of acquisition and transfer of property, it regarded the form of a transaction to be more important than its substance. WebSep 1, 2024 · Equity looks to the intent rather than the form: Principle established in (Parkin v Thorold 1852). This maxim is where the equitable remedy for rectification was established this allows for a contract to be corrected … shorts cheeky scrunch leggings