Choose the One Most Appropriate Answer for Each

Multiple Choice

Choose the one most appropriate answer for each.
-a sum of money called for in a contract that is to be paid if the contract is breached

A) assign
B) attorney-in-fact
C) breach of contract
D) competent party
E) consideration
F) counteroffer
G) duress
H) forbear
I) fraud
J) liquidated damages
K) money damages
L) mutual agreement
M) novation
N) offeror
O) rescind
P) specific performance
Q) statute of frauds
R) unilateral contract
S) void contract
T) voidable contract