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Copper Circuit, Inc

Question 57

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.

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