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Trusts Law
Equitable Remedies and Tracing
Quiz · 20 questions
beginner
Which of the following best explains the fundamental difference between common law damages and equitable remedies?
A
Common law damages are available as of right once loss is proved, whereas equitable remedies are discretionary and may be refused even if the claim is proved.
B
Common law damages can only be awarded after trial, whereas equitable remedies can only be granted before trial.
C
Common law damages are available for breach of contract, whereas equitable remedies are only available for breach of trust.
D
Common law damages are always monetary, whereas equitable remedies are always non-monetary orders.
E
Common law damages are discretionary, whereas equitable remedies are available as of right once the claim is established.
Question 1 of 20