If Neighbours Have a Contract Agreeing Not to Erect a Building

question 94

Multiple Choice

If neighbours have a contract agreeing not to erect a building that blocks the other's view, which remedy might the court impose if that agreement is breached?

• A) Mandatory injunction
• B) Accounting
• C) Laches
• D) Quantum meruit
• E) Punitive damages

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Definitions:

Gross Investment

The total amount of money spent on capital assets before accounting for depreciation.

Net Investment

The amount spent by a company on new capital assets after accounting for depreciation.

Foreign Investments

Investments made by individuals, companies, or governments in assets or business ventures in another country.

Interest Rates

The cost of borrowing money expressed as a percentage of the principal, or the return on investment.