Which of the Following Is Not an Essential Element to Laches

question 4

Multiple Choice

Which of the following is not an essential element to laches?

• A) There is a likelihood that the asserting party's claim will be redressed by a favorable
• B) The party against whom laches is asserted must have been aware of the right or claim
• C) There must have been an unreasonable delay in asserting the claim.
• D) The delay in asserting the claim must cause the adverse party to suffer some prejudice.

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Definitions:

Total Common Stock

The total value or number of common shares issued by a company, representing ownership interests.

Market Price

The current price at which an asset or service can be bought or sold in the marketplace.

Return on Total Assets

This metric evaluates a company's efficiency in using its assets to generate profit, calculated by dividing net income by total assets.

Interest Expense

The cost incurred by an entity for borrowed funds, typically reported on the income statement.