MAXIMS OF EQUITY.1 AND 2

  1. ".""There is no wrong without a remedy."Whenever the common law gives a right or prohibits an injury, it also gives a remedy."If a man has a right, he must, , have a means to vindicate and maintain it, and a remedy if he is injured in the exercise and enjoyment of it, and, indeed, it is a vain thing to imagine a right without a remedy, for want of right and want of remedy are reciprocal.""

  2. This maxim, also expressed as Aequitas sequitur legem, means more fully that "equity will not allow a remedy that is contrary to law."The Court of Chancery never claimed to override the courts of common law. Story states "where a rule, either of the common or the statute law is direct, and governs the case with all its circumstances, or the particular point, a court of equity is as much bound by it as a court of law, and can as little justify a departure from it." According to Edmund Henry Turner Snell, “It is only when there is some important circumstance disregarded by the common law rules that equity interferes.” Cardozo wrote in his dissent in Graf v. Hope Building Corporation, 254 N.Y 1 at 9 (1930), "Equity works as a supplement for law and does not supersede the prevailing law

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