What is the main focus of the Court of Chancery?

The primary focus of the Court of Chancery is to administer equitable rules based on principles of fairness and justice. Historically, this court was established to address grievances that could not be resolved through common law courts, which were often rigid and focused strictly on legal rights and remedies. The Court of Chancery was designed to provide relief based on equity, allowing for remedies such as injunctions, specific performance, and equitable estoppel, which took into account the broader context of fairness and individual circumstances.

This focus on equitable resolution stems from the understanding that strict legal rules might not provide just outcomes in certain instances, thus enabling the court to issue rulings that align more closely with notions of fairness and moral rightness. The Court of Chancery operates under a separate set of principles that can interact with common law but maintains its unique role focused on equitable concern.

The other options do not correctly capture the essence of the Court of Chancery. The court does not administer criminal law, handle property disputes exclusively, or oversee administrative law. Instead, its unique contribution to the legal system is through the equitable principles it applies.