BACHELOR OF BUSINESS ADMINISTRATION

BUSINESS ADMINISTRATION

BUSINESS LAW

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
To resolve a dispute in court means to
A
Regulate
B
Injunction
C
Mediate
D
Arbitrate
Explanation: 

Detailed explanation-1: -An injunction is a specific order of the Court forbidding the commission of a wrongful course of action already began. Injunctions are a form of equitable relief and they have to be adjusted in aid of equity and justice to the facts of each particular case.

Detailed explanation-2: -In law, an injunction is an order by a court to one or more of the parties in a civil trial to refrain from doing, or less commonly to do, some specified act or acts (the former kind of injunction is called prohibitory or preventive, the latter mandatory).

Detailed explanation-3: -Interim remedy can be granted or denied by the court in the exercise of good judicial judgement. The purpose of granting a temporary injunction is to maintain the status quo at the moment the proceedings are commenced and to prohibit any modifications until the litigation is finally decided.

Detailed explanation-4: -Injunction: Injunction is an equitable remedy available in torts, granted at the discretion of the court. An equitable remedy is one in which the court, instead of compensating the aggrieved party, asks the other party to perform his part of the promises.

Detailed explanation-5: -An injunction is a court order stating that a company must do something or seize from doing a certain action. Injunctions are often granted when monetary damages are not sufficient to remedy a given situation. For example, an industrial plant dumping waste into a lake may be served an injunction to stop that activity.

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