what is the similarities and dissimilarities between common law and equity?

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2026-02-05 16:25

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Common law and equity are both legal systems that originated in England, but they serve different purposes. Common law is based on judicial precedents and established statutes, focusing on legal principles and rigid rules, while equity emphasizes fairness and justice, providing remedies that are not available under common law. The two systems can overlap, but equity can intervene to offer solutions in cases where common law might lead to unjust outcomes. In modern legal systems, they are often integrated, with courts able to apply both principles to achieve fair results.

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