Solved

Liquidated Damages Under the UCC

Question 58

Multiple Choice

Liquidated damages under the UCC:


A) are not permissible.
B) are permissible any time both parties have agreed to them.
C) are permissible only if other remedies are inadequate.
D) are unconscionable.
E) are permissible if they are reasonable in light of the anticipated or actual harm caused by the breach, the difficulties of proof of loss, and the inconvenience or non-feasibility of otherwise obtaining an adequate remedy.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions