EQUITABLE REMEDIES Flashcards
EQUITABLE REMEDIES
COURT ORDER ENFORCED BY CONTEMPT
PROHIBITIVE INJUCTION AGAINST FUTURE TORT
MANDATORY INJUNCTION IF SHERIFF CAN’T ENFORCE REPLEVIN OR EJECTMENT
MANDATORY OR PROHIBITIVE
PERMANENT TEMPORTARY OR T.R.O
SPECIFIC PERFORMANCE
RESCISSION
The elements for rescission are:
1. Misrepresentation of Facts:
2. No scienter required
3. Materiality - determined if it was an innocent misrepresentation case or intentional misrepresentation case
4. Reliance
5. Injury
REFORMATION
DISGORGEMENT, SUBROGATION, INDEMNITY
CONSTRUCTIVE TRUST
EQUITABLE LIEN
Duress
Conduct by one person that overcomes the free will of another and therefore renders involuntary whatever transaction is involved.
1. The coercion must originate with and be applied by the person receiving the benefit.
Fraud
An indirect wrong, the plaintiff is induced to make a payment, or transfer property, or to yield some contractual advantage.
Remedial Unconscionability
Substantive Unconscionability