True/False
A clause in a contract that specifies the amount of damages due from a breach is a liquidated damages clause.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q56: An unforeseen event making it impossible to
Q57: Major terms that would normally be considered
Q58: Frustration occurs when an unforeseen outside event
Q59: Frustration occurs when the operation of law
Q60: An assignment into bankruptcy will <u><b>not</b></u> relieve
Q62: Statute law has modified the common law
Q63: A contract is discharged when each party
Q64: Minor terms that would normally be considered
Q65: The equitable remedy of rescission restores the
Q66: Which of the following type of contract