EQUITY AND TRUST (LWPR 403)
A. General Principles of Equity
Nature, doctrine and history of equity, its development in England and its introduction of Nigeria; the relation between Equity and Common Law; conflict between Equity and customary Law; maxims of equity; nature of equitable rights and interests; priorities; assignment of chooses in action; conversation; election satisfaction.
- Equitable Remedies – Inunctions: Specific performances; rescissions; rectification; delivery up and cancellations of documents; account; receivership, restitution.
- Equitable Defences – Estoppel, laches and acquiescence.