If a corporation is found to have engaged in fraudulent or illegal behavior, the Chancery court may order the corporation to make restitution to those harmed by its actions. Legal Terms Similar to Chancery Equity: the principles of fairness and justice that guide the Chancery court's decision-ma...
A court of chancery is a court of equity, which means its decisions are based on fairness instead of application of the common law. England was the first to establish a court of chancery as a forum where people could seek and obtain remedies for disputes not recognized in the common law. ...
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Is a chancellor a judge? In the old English legal system, a chancellor isa judge who sit in a chancery court—an equity court. In equity courts, the chancellor has the power to order acts rather than damages. As a result, injunctions, specific performance and vacatur are remedies available...
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估计该设备尚可使用5年，5年后的残值为1100元，年运行费为600元。市场上同种功能的设备Q，其总价为20000元，可使用12年，残值为1000元，年运行费为400元。已知在市场上设备P的折买价值为10000元，该企业有两种选择：A继续使用设备P；B改用新设备Q，折现率取10%，则（）有利于该企业。
A Chancellor is the highest-ranking official in some educational institutions, focusing on overarching governance. Vice Chancellor, often found in universities outside the U.S., acts as the chief executive, handling day-to-day operations.
There are some states in the U.S. where courts are still divided between law and equity. In those states, circuit judges hear cases at law whereas chancery judges cases at equity. The difference? A matter at law is generally a criminal case or something where the remedy involves money (pe...
imposing a lien, dividing assets, or injunctive relief (ordering a person to do something) to prevent irreparable damage. The rules of equity arose in England where the strict limitations of common law would not solve all problems, so the King set up courts of chancery (equity) to provide ...