Explain the key distinctions between common law and equity

Explain the key distinctions between common law and equity

ANSWER

Common Law	Equity
This is a branch of the Law of England which was developed the ancient common law courts from customs, usages and practices of the English people.	This is a branch of the law of England which was developed the various Lord Chancellor’s courts to supplement the common law.
Developed as a complete system of law.	Was not a complete system.
Common law act is rem	Equity acts in personam
Developed from customs, usages and practices of the people.	Developed on the basis of the principal of fairness or justice.
Developed before equity	Developed to mitigate the harshness of the common law
Common law rights are enforced as of right	Develop  additional  remedies  e.g. injunction, specific performance, tracing etc.
Developed on the basis of the writ system and stare decisis	Equitable rights are discretional
If common law and equity conflict, equity prevails.	Developed after the common law.