Equity and Trusts
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WHAT IS EQUITY? 
OVERVIEW OF PART I 
3 
Part I of this text examines the nature and current operation of equity. When 
considering the question ‘what is equity?’, it must be borne in mind that there is 
no single, definitive answer. The concept of equity has different meanings 
according to the social, ethical or legal context in which it is examined. Some of 
the more common interpretations include: symmetry, balance, harmony, 
morality, justice, fairness, a form of property interest and a ...
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