A Court Order to Stop an Action That Can Result

question 54

Multiple Choice

A court order to stop an action that can result in irreparable damage to property when a situation is such that no adequate remedy is available is known as a(n) :

• A) embargo.
• B) injunction.
• C) secondary boycott.
• D) lockout.

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Definitions:

Agency Relationship

A legal relationship in which one party, the agent, acts on behalf of another party, the principal, in business transactions.

Sole Proprietorship

A business structure in which a single individual owns and operates the business, bearing full responsibility for its debts and obligations.

Employer-Employee

The legal relationship between a person who hires and pays another to perform specific duties, typically guided by a contract or agreement.

Partners

Individuals who share ownership of a legal entity or business, often sharing profits, losses, and managerial responsibilities.