Which of the Following Statements Is Not True Concerning an Injunction

question 51

Multiple Choice

Which of the following statements is not true concerning an injunction?

• A)An injunction is a court order forbidding someone from engaging in particular conduct that constitutes a breach of law or infringes the legal rights of another.
• B)An injunction may be sought by a plaintiff to prevent a defendant from engaging in a threatened or anticipated breach of conduct.
• C)An injunction may be sought by a plaintiff to prevent the defendant from engaging in an actual ongoing breach of conduct.
• D)An injunction differs from an order for specific performance because an injunction compels a defendant to actually perform the contract.

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Definitions:

Retained Earnings

The portion of a company's profits not distributed as dividends to shareholders but reinvested in the business.

Dividend

A segment of a corporation's profits given out to its shareholders, typically as cash or more shares.

Balance Sheet

A financial statement that displays a company's assets, liabilities, and equity at a specific point in time.

Dividend Controversy

Dividend controversy revolves around the debate on whether companies should distribute profits to shareholders as dividends or reinvest them in the business.