Equity & Trusts UPDATED ACTUAL
QUESTIONS AND CORRECT Answers
Equity The jurisdiction of the Courts of a Common Law
Legal System to vary the strict application of the
rules of Common Law (including Statute) so as to
avoid (serious) injustice.
Trust The splitting of the official ('Legal') ownership and
management of an item(s) of property off from
the ('Equitable') right to enjoy the fruits of the
property.
The Earl of Oxford's Case A significant Equity Mega-Case from 1615
involving a dispute between Magdalen College
and the Earl regarding land and cash.
Chancellor's Foot A running issue in Equity concerning whether it
poses an excessive threat to Legal Certainty,
Separation of Powers, the Rule of Law, and
Parliamentary Sovereignty.
Assessment Weighting Two assessments with weightings of 40% and
60%.
End of Year Exam A 60% exam mostly based on TB2, consisting of
either 2 Problem Questions + MCQs or 3 Problem
Questions.
, January Assessments A 40% assessment item with a choice of 3 forms:
Midi-Moot, Podcast, or Poster Conversation.
Recommended Textbook Hanbury & Martin (current editors: Jamie Glister &
James Lee) Modern Equity (S&M) 23rd edn, 2024
= current edition.
Formative Practice Plenty of formative practice is expected in the
second half of TB1.
Module Teaching Plan Includes 1 x 1 hour Lecture per week and 1 x 1 hour
Seminar per week.
Seminar Notes Available on Moodle at the end of the week.
Lecture Slides Issued before the lecture.
Equity in Action An example illustrating how Equity operates in
practice.
Legal Ownership The official ownership of property as recognized
by law.
Equitable Right The right to enjoy the benefits or fruits of
property, distinct from legal ownership.
Common Law A legal system based on judicial decisions and
precedents rather than statutes.
Statute A written law passed by a legislative body.
Charity An organization set up to provide help and raise
money for those in need.
QUESTIONS AND CORRECT Answers
Equity The jurisdiction of the Courts of a Common Law
Legal System to vary the strict application of the
rules of Common Law (including Statute) so as to
avoid (serious) injustice.
Trust The splitting of the official ('Legal') ownership and
management of an item(s) of property off from
the ('Equitable') right to enjoy the fruits of the
property.
The Earl of Oxford's Case A significant Equity Mega-Case from 1615
involving a dispute between Magdalen College
and the Earl regarding land and cash.
Chancellor's Foot A running issue in Equity concerning whether it
poses an excessive threat to Legal Certainty,
Separation of Powers, the Rule of Law, and
Parliamentary Sovereignty.
Assessment Weighting Two assessments with weightings of 40% and
60%.
End of Year Exam A 60% exam mostly based on TB2, consisting of
either 2 Problem Questions + MCQs or 3 Problem
Questions.
, January Assessments A 40% assessment item with a choice of 3 forms:
Midi-Moot, Podcast, or Poster Conversation.
Recommended Textbook Hanbury & Martin (current editors: Jamie Glister &
James Lee) Modern Equity (S&M) 23rd edn, 2024
= current edition.
Formative Practice Plenty of formative practice is expected in the
second half of TB1.
Module Teaching Plan Includes 1 x 1 hour Lecture per week and 1 x 1 hour
Seminar per week.
Seminar Notes Available on Moodle at the end of the week.
Lecture Slides Issued before the lecture.
Equity in Action An example illustrating how Equity operates in
practice.
Legal Ownership The official ownership of property as recognized
by law.
Equitable Right The right to enjoy the benefits or fruits of
property, distinct from legal ownership.
Common Law A legal system based on judicial decisions and
precedents rather than statutes.
Statute A written law passed by a legislative body.
Charity An organization set up to provide help and raise
money for those in need.
