The nature of equity and the trust
Week 1 • The nature of equity and the trust
The nature of equity and the trust
Equity supplies disciplined conscience; the trust converts that discipline into enduring proprietary administration.
The nature of equity and the trust
Equity begins as conscience, but the trust makes that conscience institutionally powerful.
The nature of equity and the trust
Equity explains why legal ownership need not exhaust private law’s account of entitlement.
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