Which of the following statements is correct in relation to equity?

Which of the following statements is correct in relation to equity?

(i) Equity was developed by the Court of Chancery

(ii) Equitable maxims were developed by lawyers

(iii) In the event of a conflict between equity and the common law, equity prevails
A . (i) only
B . (i) and (ii) only
C . (i) and (iii) only
D . (i), (ii) and (iii)

View Answer

Answer: C