Which of the Following Was Not One of the Factors

question 109

Multiple Choice

Which of the following was not one of the factors that led to the creation of the law of equity?

• A)the need for a supplement to the common law
• B)the adherence to precedent
• C)The unpredictable outcome in the common law courts
• D)stare decisis
• E)rigidity in the common law courts

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Definitions:

Shareholder Approval

is the process by which the shareholders of a company give their consent on major corporate actions or decisions, often through voting at shareholder meetings.

Merger

The combination of two or more companies into a single entity, often to achieve synergy and enhance competitiveness.

Corporate Statements

Corporate statements are official documents or declarations issued by a company that communicate information on its activities, financial performance, and strategies.

Takeover Disadvantages

Potential negative impacts of a corporate takeover, such as job losses, cultural clashes, and increased debt.