Laches Is A(n)

question 12

Multiple Choice

Laches is a(n)

• A) equitable defense that is used to deny equitable relief where a plaintiff's unreasonable delay in bringing the action caused prejudicial harm to a defendant.
• B) defense similar to the running of the applicable statute of limitations.
• C) Both A and B are correct.
• D) None of the above is correct.

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Definitions:

World Trade Organization

An international organization that regulates and facilitates international trade between nations.

U.S. Goods

Products and services that are produced within the United States.

Export Subsidy

A government payment to a domestic producer to enable the firm to reduce the price of a good or service to foreign buyers.

Policy Action

Any action taken by a government or public authority to influence economic or social outcomes.