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Excavate N' Fill, Inc

Question 69

Multiple Choice

Excavate n' Fill, Inc., enters into a contract with Fred to fill and landscape an abandoned quarry on Fred's land. Fred advances Excavate n' Fill 10 percent of its cost. The parties rescind the contract. Excavate n' Fill's refund of the payment is


A) ​a penalty.
B) ​liquidated damages.
C) ​restitution.
D) reformation.​

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