Multiple Choice
Ronny hires a car from Greens Transport with global positioning system (GPS) for his holiday in Las Vegas.The rent for the car was $175 a day and was hired for 7 days.The contract did not state anything regarding speed.At times Ronny drove at a high speed of which the GPS kept a record and Greens imposed damages worth $4000 for the wear and tear caused due to high speed.What kind of damage is this?
A) Compensatory damages.
B) Penalty damages.
C) Liquidated damages.
D) Punitive damages.
Correct Answer:
Verified
Correct Answer:
Verified
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