Please help me with those questions.

It's a Corporations and Trusts law unit.

Question 6

a.Describe the relevance of the law of equity in the Australian legal system today. When explaining the concept of the law of equity, please discuss the relationship between the following:

basic principle,

statute law,

common law, and

equitable principles.

b.Now that you have described the relevant of the law of equity; please explain how it relates to the law of torts, particularly negligence.