menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Business Regulations
  4. Exam
    Exam 1: Understanding the Indian Contract Act and Essential Elements of Contracts
  5. Question
    If a Contract Provides for the Payment of a Certain
Solved

If a Contract Provides for the Payment of a Certain

Question 8

Question 8

Multiple Choice

If a contract provides for the payment of a certain amount on breach of a contract, such payment is termed as:


A) special damages
B) nominal damages
C) liquidated damages
D) compensatory damages

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q3: A minor can:<br>A)be an agent<br>B)be a principal<br>C)both<br>D)none

Q4: Under the Contract Act, 1872 a person

Q5: The Indian Contract Act, 1872 applies to

Q6: A contract is made where<br>A)x agrees with

Q7: Which of the following statement is true<br>A)an

Q9: When an offer can be accepted only

Q10: Two or more persons are said to

Q11: A jus in personam means a right

Q12: Which of these is a wagering contract?<br>A)insurance

Q13: General offer can be accepted by<br>A)any person<br>B)specific

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines