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.

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Definitions:

SBUs

Strategic Business Units, which are divisions or units within a company that focus on specific market segments or product lines, operating with their own planning and profit goals.

Growth-Share Matrix

A strategic business tool used to visually assess a company's product portfolio across growth potential and market share dimensions.

Low Market Growth Rates

Situations in which the increase in sales or size of a particular market is slower than average.

Relative Market Shares

A measure of a company’s sales in relation to the sales of its competitors, indicating the firm’s competitiveness in the market.