Which of the Following Is not an Equitable Remedy Available

question 15

Multiple Choice

Which of the following is not an equitable remedy available in a breach of contract lawsuit?

• A) Damages
• B) Specific performance
• C) Quantum meruit
• D) Injunction

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Definitions:

Liquidation Process

The procedure of closing a business and distributing its assets to claimants, often preceding dissolution.

Proposed Schedule

A preliminary plan that outlines future activities or events, awaiting approval or finalization.

Account Balances

The amount of money in a financial account, calculated by subtracting debits from credits in the account.

Profit and Loss Sharing

A financial agreement where business profits and losses are shared among partners or stakeholders in a manner agreed upon, often used in Islamic finance.