Written in 1999; 3,600 words; 33 sources; $ 127.95
Paper Summary:
Analyzes the history of legal equitability and applies the concepts of equity jurisprudence, unconscionability, promissory estoppel and quasi-contract/unjust enrichment to commercial situations.
From the Paper:
"LAW AND EQUITY PRINCIPLES
This essay summarizes, analyzes and critiques legal and equitable principles in their historical context and then examines in commercial contexts three doctrines of equity jurisprudence, unconscionability, promissory estoppel and quasi-contract/unjust enrichment and a specific dispute resolution technique of growing importance which incorporates equitable principles, arbitration. The overall conclusion reached is that the dynamic tension between legal and equitable concepts contributes to the vitality of the American legal process and its fairness for participants in commercial transactions.
1. Introduction
Definitions. Law is a system of constraints on the behavior of individuals and groups in society which is sanctioned and ..."
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