Paralegal

Category - Legal System

The Court of Chancery was ____________________________.
  1. A court of equity in England for resolving dispute based on fairness.
  2. The original name of the New York Supreme Court.
  3. A court of law in England for resolving disputes between commoners.
  4. The court system in the American colonies prior to the Revolutionary War.
Explanation
Answer: A - A court of equity in England for resolving dispute based on fairness. The Court of Chancery was developed in England as a response to the strict legal and technical requirements of the King’s Court of Common Pleas. The Court of Chancery resolved claims based on fairness and equity, rather than strictly interpreted legal rules.
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