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Saturday, 12/02/2017 5:43:44 PM

Saturday, December 02, 2017 5:43:44 PM

Post# of 59351
An equitable right is a legal right guaranteed by equity as opposed to a legal right which derives authority from a legal source.

An example of an equitable right could be seen in Land law, where mention is made of a beneficial interest i.e. vested interests in an estate which are protected by equity.

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What is the difference between a legal and an equitable remedy?

Equitable remedies are related to fairness, as opposed to the actual monetary damages suffered as the result of a breach.

One common type of equitable remedy used when the goods are unique is called "specific performance" -- a court order requiring the nonperforming party to carry out the exact terms of the contract.
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The Law Dictionary Featuring Black's Law Dictionary Free Online Legal Dictionary 2nd Ed.


https://thelawdictionary.org/equitable-right/







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