Multiple Choice
Copper Circuit, Inc., and Direct Electric LLC sign an agreement that provides for the payment of "$1,000 by whichever party commits a material breach of the contract that creates damages difficult to estimate but approximately $1,000." This is
A) a liquidated damages clause.
B) a nominal-damages clause.
C) a waiver-of-breach clause.
D) a penalty clause.
Correct Answer:

Verified
Correct Answer:
Verified
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