Multiple Choice
Students canceling their housing contract after occupying their room shall pay damages in of $5.00 per day for the remainder or unexpired portion of the term of the academic agreement, not to exceed $400." This clause in the contract for student housing is a(n) :
A) Liquidated Damages Clause
B) Exculpatory Clause
C) Novation
D) Option Contract
Correct Answer:

Verified
Correct Answer:
Verified
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