________ is a doctrine that permits judges to make decisions based on fairness, equality, moral rights, and natural law.
A) The common law of contracts
B) The Restatement of the Law of Contracts
C) Equity
D) Letter of credit

Question

Quizplus · Accepted Answer

Equity is a legal principle that allows judges to make decisions based on principles of fairness, equality, moral rights, and natural law, rather than strictly on the letter of the law. It is often used in cases where a strict application of the law would lead to an unfair or unjust result. The common law and Restatement of the Law of Contracts are legal sources that govern contract law, but they do not contain principles of equity. A letter of credit is a financial instrument used in commercial transactions.

________ Is a Doctrine That Permits Judges to Make Decisions