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The nature of the equitable is a correction of the law where it is defective owing to its universality”  

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"The nature of the equitable is a correction of the law where it is defective owing to its universality" Discuss this statement in relation to: 1. The history of Equity and 2. Do you consider this statement to be relevant today and explain how Equity has adapted and expanded so as to ensure its vibrancy in todays ever changing world. Name: Vivienne Matthews O' Neill Student Number: 00394556 Subject: Equity Date Due: 16th January 2004 Word Count: 7090 15 CONTENTS 1. Introduction 2. History of Equity in England 3. History of Equity in Ireland 4. The development of modern Equity 5. The Judicature Acts of 1873 and 1875 6. How Equity has adapted and expanded 7. Conclusion 8. Bibliography 15 INTRODUCTION "The nature of the equitable is a correction of the law where it is defective owing to its universality", this is a statement made by the infamous philosopher Aristotle which in broad terms means that the general rule will not suit every case and that something is needed to allow exceptions....

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