A Court Decree Ordering a Person to Do or to Refrain

question 90

Multiple Choice

A court decree ordering a person to do or to refrain from doing a certain act is known as

• A) an injunction.
• B) a maxim.
• C) specific performance.
• D) None of these choices is correct.

---

Definitions:

Paid

Refers to the status of a financial obligation that has been fulfilled or settled.

Constant Annual Dividend

This refers to dividends that are paid out to shareholders at a constant rate each year, without fluctuation.

Market Price

The rate at which services or assets are being marketed currently.

Cumulative Voting

Cumulative voting is a voting system that allows shareholders to allocate their votes for the board of directors in a manner they prefer, often used to strengthen the voting power of minority shareholders.