BACHELOR OF BUSINESS ADMINISTRATION

BUSINESS ADMINISTRATION

BUSINESS LAW

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
A remedy of the English courts of equity was the
A
injunction
B
court order
C
disputation
D
verdict
Explanation: 

Detailed explanation-1: -An injunction clearly forbids a certain type of conduct. It is a remedy that originated in the English Courts of equity. Like other equitable remedies, it has traditionally been given when a wrong cannot be effectively remedied by an award of money damages.

Detailed explanation-2: -The courts have determined are a variety of equitable remedies, but the principal remedies are: Injunction, Specific performance, Account of profits, Rescission, Declaratory relief, Rectification, Equitable estoppels, Subrogation[iii]. The most popular ones were injunctions and specific performance.

Detailed explanation-3: -An Injunction is an equitable remedy which is “a judicial process that compels a party to refrain from doing or to do a particular act or thing”. If any person disobeys the Order of Injunction passed by the Competent Court then there can be stiff monetary penalties and even imprisonment in certain instances.

Detailed explanation-4: -injunction, in civil proceedings, order of a court requiring a party to do or not to do a specified act or acts. An injunction is called prohibitory if it forbids the doing of an act and mandatory if it orders that an act be done. Disobedience to the order is punishable by contempt of court.

Detailed explanation-5: -Damages aim at making up the harm that a breaching party has committed to the victim. In the history of the English legal system, the legal remedy only existed in the form of monetary relief, and therefore the victim must petition through a separate system if the victim wanted other forms of compensation.

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