Question: Define and briefly explain these equitable remedies. 1 . specific performance 2 . reformation 3 . injunction

Define and briefly explain these equitable remedies.
1. specific performance
2. reformation
3. injunction

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!

Q:

Equitable remedies are used when there has been a breach of contract that cannot be adequately compensated through a legal remedy ( most often monetary damages ) . The most common equitable remedies...

Q:

Critical Thinking & Writing Questions 1.) Define an offer. Who is the offeror? Who is the offeree? 2.) What are the four elements necessary for an enforceable contract? 3.) What is an acceptance?...

Q:

Please answer the following four questions: 1. Discuss the difference between monetary damages and equitable remedies in a breach of contract case. 2. Discuss the doctrine of substantial performance,...

Q:

Define the equitable remedies of specific performance, reformation, and injunction.

Q:

1. A civil lawsuit is initiated with the filing of a complaint and the issuance of a(n) a appeal b judgment c summons d peremptory challenge 2. Equitable remedies include all but the following: a...

Q:

1. Explain what damages are in contract law (3 marks) 2. What is the aim of damages as a remedy in contract law (3 marks) 3. Explain what is meant by the requirement that a claimant must mitigate...

Q:

Please double check if I chose the correct answers, just second guessing myself. Question 1 (3 points) + Saved Which of the following are true about remedies? 1) specific performance is only...

Q:

Hello, Please could you help me with this question and also with my homework? Thanks in advance. The first question is below and the homework is attached (uploaded). Warble Inc. extended a one-year...

Q:

President Trump has ordered the Commerce Department to force apple and alphabets Google Play to prevent any new downloads of Tencent Holdings WeChat app. We chat to users believe that this would...

Q:

Third Party Rights, Discharge, Breach of Contract, & Remedies THIRD PARTY RIGHTS AND DISCHARGESometimes in contract law, someone else has rights to the contract even though they are not a party to...

Q:

List out the different types of network?

Q:

1. Explain the Nichols legal claim. 2. a. Who won this case and why? b. Do you agree with the Courts decision and its reasoning? Explain. 3. LaMarre rode with his wife and their neighbors, the...

Q:

The cost of capital Mozart Dental Group is evaluating an investment project that requires an initial outlay of $482,000 and promises a net cash inflow one year from now of $615,000. Assume the cost...

Q:

2. The force of interest 8 is a function of time and at any time t, measured in years, is given by the formula: 8(t) = 0.02 +0.0020 8(t) = 0.03 +0.005t Osts5 5 st s 10 a) Calculate the discount...