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Rural Power Utility,Inc

Question 13

Multiple Choice

Rural Power Utility,Inc.,enters into a contract with Shovel Excavation Service to dig up,replace,and rebury Rural's cables in a certain location.Rural advances Shovel 10 percent of its cost.The parties rescind the contract.Shovel's refund of the payment is


A) a penalty.
B) liquidated damages.
C) restitution.
D) a breach of contract.

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