It Should Make It Easier to Obtain an Injunction If

question 164

True/False

It should make it easier to obtain an injunction if the terms of the contract set out an injunction as an appropriate remedy in the case of breach.

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Definitions:

Revaluation

The process of adjusting the book value of a fixed asset or security to reflect its current market value.

Fair Value

The estimated price at which an asset or liability could be exchanged between knowledgeable, willing parties in an arm's length transaction.

Business Combination

A transaction or event through which a company acquires control over one or more businesses.