What best describes a statutory injunction

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Problem 1: What best describes a statutory injunction? Indicate the correct response.

Select one:

a. A statutory injunction is an order by a court which is relatively easy to obtain if a party is a member of the company; usually a court will grant an order for a substantial period of time while the company proves that it has in fact acted appropriately.

b. A statutory injunction is a court order which can only be used to stop something occurring; it is not possible to grant an injunction before the wrongful action occurs.

c. A statutory injunction is an order granted by a court under s 1324 which is a stop order against a party engaging in conduct that is in breach of the Corporations Act. This might also include within the injunction an order to make someone actually do something.

d. An application for a statutory injunction is an application to a court for a direction from a court; however, it is only available to members

Reference no: EM132712620

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