Sigma Inc Sued Tau Ltd for Breach of Contract and Asked

question 14

Multiple Choice

Sigma Inc sued Tau Ltd for breach of contract and asked for the remedy of specific performance.The case will be heard in Alberta.Which of the following statements is TRUE?

• A)Specific performance is an equitable remedy because it historically was awarded by the court of legislators.
• B)Because of the fusion of courts, there no longer is any need to draw a distinction between law and equity.
• C)Sigma Inc's claim against Tau Ltd is an example of legislative litigation because it involves a claim by one private party against another private party.
• D)Sigma Inc's claim against Tau Ltd is a common law claim because it will be decided on the basis of laws that historically were developed in French courts.
• E)Specific performance is an equitable remedy that is now granted by the courts as the courts of common law have been fused with the courts of equity.

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Definitions:

Complement Rate

A measure used in calculations where it, along with another specified rate, sums up to a predetermined total, serving as a critical component in various analytical processes.

Cash Discount

A reduction in the invoice amount by the seller, offered to the buyer for early payment.

Invoice Date

The date on which an invoice is issued, indicating when a transaction occurred.

Partial Payment

A payment made that is less than the full amount owed at that time.