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Doctrines of equity explained

The principle that a man would not be allowed to benefit from his own wrong

The principle that delay defeats equity

The principle that equity aids the vigilant, not the indolent

The principle that equity looks as done that which ought to be done

The principle that equity looks at the intent rather than the form

The principle that equity looks at the substance and not the form

The principle that equity will not allow a party to approbate and reprobate

The principle that he who comes to equity must come with clean hands

The principle that he who comes to equity must do equity

The principle that the law aids the vigilant and not those who sleep on their rights

The principle that you do not give what you do not have

The principles that equity follows the law and that equity regards as done that which ought to be done

When doctrines of equity will be applicable

Whether the law and equity will act in unison to estop a party from reneging on terms of agreement already accepted by him

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