Which of the Following Is Generally True Regarding a Liquidated-Damage

Multiple Choice

Which of the following is generally true regarding a liquidated-damage clause?

A) A liquidated-damage clause is per se illegal.
B) A liquidated-damage clause is void in the interests of public policy.
C) A liquidated-damage clause is voidable in the interests of public policy.
D) A liquidated-damage clause is enforceable if it is not punitive in nature.
E) A liquidated-damage clause will be enforced,regardless of whether it is punitive in nature.