What is the purpose of injunction bonds?

Injunction bonds serve the essential purpose of guaranteeing compliance with court orders. When a court issues an injunction—an order that requires a party to do or refrain from doing specific actions—the court may require the party requesting the injunction to post a bond. This bond provides a financial guarantee that the person or entity seeking the injunction will compensate the other party for any damages incurred if it is later determined that the injunction should not have been granted.

This bond is crucial because it protects the rights of the party that may be negatively affected by the injunction, ensuring that they will have recourse if the court's decision does not ultimately favor the party seeking the injunction. Thus, the key function of an injunction bond is to enforce compliance with the court's directives while simultaneously safeguarding against improper restrictions on legal rights.

Other choices relate to different legal functions: ensuring attendance in court pertains more to witness bonds, while recovering damages would relate to breach of contract scenarios rather than injunctions. Preventing ownership claims does not capture the essence of what injunction bonds are fundamentally designed to achieve, which revolves around compliance and protection stemming from court actions.