Multiple Choice
A liquidated damage provision will be enforced when:
A) a technical breach of contract has occurred without causing any actual loss.
B) the amount specified is reasonable and actual damages are difficult to determine.
C) the nature of the contract is such that damages are easy to determine.
D) the amount agreed on is not the injured party's exclusive remedy.
Correct Answer:
Verified
Correct Answer:
Verified
Q1: Consequential damages:<br>A) occur when the special circumstances
Q3: If the contract calls for the parties
Q4: What is the duty to mitigate damages?
Q5: Punitive damages:<br>A) are recoverable only when extreme
Q6: Robert was under contract to play football
Q7: If an event must occur before a
Q8: Punitive damages are recoverable for breach of
Q9: Which of the following statements is true
Q10: Which of the following statements is true
Q11: The promisor who substantially performs is generally