What are the differences between equality and equity? Cite good examples as well.
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What are the differences between equality and equity? Cite good examples as well.
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Answer:
1. Equality denotes that everyone is at the same level, whereas equity in business parlance denotes the ownership of the shares of a company. 2. Equity refers to the qualities of justness, fairness, impartiality and even handedness, while equality is about equal sharing and exact division.