Briefly explain the meaning of the following maxims of equity:
• Equity will not suffer a wrong to be without a remedy;
• Equity follows the law; • Where there is equal equity, the law shall prevail; • Where the equities are equal, the first in time shall prevail; • He who seeks equity must do equity; • He who seeks equity must come with clean hands; • Delay defeats equities; • Equality is equity; • Equity looks to the intent rather than the form; • Equity looks on that as done which ought to be done; • Equity imputes an intention to fulfil an obligation; • Equity acts in personam; • Equity will not assist a volunteer; • Equity will not perfect an imperfect gift; • Equity will not construe a valid power out of an invalid trust; • Equity will not permit the provisions of a statute intended to prevent fraud to be used as an instrument for fraud; • Equity will not aid deception on public administration; • Equity leans towards equality; • Equity will not allow an express trustee to rely on the Limitation Enactment to defeat the rights of beneficiaries under the trust; • Where there are conflicting equities, the first in time prevails; • Equity will not allow a trust to fail for want of a trustee.