Multiple Choice
Which of the following hold true in case of liquidated damages?
A) For liquidated damages to be lawful, the actual damages must be precisely determined.
B) Liquidated damages are enforceable even if actual damages are later determined to be different.
C) A liquidated damages clause is considered a penalty if actual damages are not determinable in advance.
D) If a liquidated damages clause is found to be a penalty, it continues to be enforceable.
Correct Answer:

Verified
Correct Answer:
Verified
Q1: Tender of performance discharges a party's contractual
Q20: An unconditional and absolute offer by a
Q20: QuickClicks, an online advertising company makes a
Q32: Which of the following statements is true
Q34: If the employee breaches the contract, the
Q39: When there is substantial performance of a
Q42: To be liable for consequential damages, the
Q62: Specific performance is awarded if the subject
Q75: Rudy was working as an applications developer
Q76: Consequential damages are unforeseeable damages.