Equity and Common Law are the two primary subcategories of non-statutory laws in Australia. The country's legal system is uniform thanks to the Common Law, which safeguards people's rights. On the other hand, the idea of equity deals with a bunch of social problems that are hard to fix using regular legal methods. As a result of the inflexible and literal application of common norms, which occasionally led to injustices and unjust verdicts, equity developed into a critical component of non-statutory law, giving rise to trusts.
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