Does equity ever operate on a first come, first served basis?

Name: Does equity ever operate on a first come, first served basis?
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Equity can operate on a "first come, first served" basis in certain contexts, such as when determining priorities among creditors or claimants who have equitable interests or claims that are otherwise equal in merit. This principle is known as "prior tempore, potior jure" (earlier in time, stronger in right).

Does Equity Ever Operate on a First Come, First Served