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I-b.
Legal philosophy is a systematic study that seeks
to understand the: nature and essence of law, its
definition and elements, the sources of its authority, its
various applications and development, and its role in
society.
I-c.
Naturalism is a school of thought that maintains
that law and morality are not separate, that an unjust law
is not true law and that law must reflect the eternal
verities of justice and fairness.
I-d.
Positivism is a school of jurisprudence that
believes that law and morality should be separate, and
that law is valid if it is validly posited by lawful
government or authority.
I-e.
Formalism is a school of thought that posits that law
is a strict science governed by formal axioms and
principles which are used by judges, using the rules of
logic, in deciding and determining the outcome of a case.
I-f.
Rule of law is a legal principle which means that
whenever a legal issue presents itself, it must be decided
by applying the accepted principles of law.
I-g.
Justice means giving a person what is due to him.
I-h.
Equity refers to the rectification of an unjust law.
I-i.
Intergeneration equity means that humans hold the
natural and cultural environment of the Earth both with
other members of the present generation and with other
generations, past and future.
I-j.
Morality is a set of rules or principles established
by society concerning the determination of right and
wrong.
II.
In the Philippines, the application of equity vis--
vis law is inconsistent. Generally, the Supreme Court
established in various cases that equity will only apply to
supplement law; consequently, the Supreme Court
denied the application of equity when there is law. There
are, however, a few cases wherein the Supreme Court
applied equity despite the clear wordings of the law
when adherence to the latter would result in injustice, e.g.
Salvacion v. Central Bank and Tijam v. Sibonghanoy.