Liquidated Damages Under the UCC

question 58

Multiple Choice

Liquidated damages under the UCC:

• A) are not permissible.
• B) are permissible any time both parties have agreed to them.
• C) are permissible only if other remedies are inadequate.
• D) are unconscionable.
• E) are permissible if they are reasonable in light of the anticipated or actual harm caused by the breach, the difficulties of proof of loss, and the inconvenience or non-feasibility of otherwise obtaining an adequate remedy.

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Definitions:

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Homeostatic System

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Overweight Adults

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Proportion

A relationship between parts of a whole, often expressed as a ratio or fraction.