What is the principle of the exercise of equity jurisdiction? Give an example.
ANSwer: It is a situation where the court is called upon to decide a particular situation and release the parties from their correlative obligations but if it would result in adverse consequences to the parties and the public, the court would go beyond its powers to avoid negative consequences in the release of the parties. (Agne, et al. v. Director of Lands, et al, 181 SCRA 793; Naga Telephone Co., et al. v. CA, et al., 48 SCAD 539, G.R. No. 107112, February 24, 1994
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