_____ Is a Type of Equitable Remedy Imposed on Parties

question 82

Short Answer

_____ is a type of equitable remedy imposed on parties to avoid injustice,when one party detrimentally relied on another's promise.

---

Definitions:

Business Users

Individuals or entities that utilize information, services, or products for business purposes, as opposed to personal use.

Financial Statements

Formal records of the financial activities and position of a business, person, or other entity, presented in a structured manner for easy understanding.

Corporation

A legal entity recognized by law as separate from its owners, with the ability to own assets, incur liabilities, and sell shares.

Retained Earnings

Accumulated net income that a company has not distributed to its shareholders as dividends, reinvested in the business.