Sigma Inc Sued Tau Ltd for Breach of Contract and Asked

question 52

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 which is now granted by the courts as the courts of common law have been fused with the courts of equity.

---

Definitions:

Price

The sum of money anticipated, needed, or provided in exchange for something.

Oligopsony Market

A market form in which the number of buyers is small while the number of sellers in theory could be large, giving the buyers significant control over prices and terms.

Buyers

Individuals or entities that purchase goods or services for personal use or for resale.

Sellers

Individuals or entities that offer goods or services for sale in a market.