Which of the Following Holds True in Case of Liquidated

question 71

Multiple Choice

Which of the following holds true in case of liquidated damages?

• A) For liquidated damages to be lawful, the actual damages must be precisely determined.
• B) Liquidated damages are enforceable even if actual damages are later determined to be different.
• C) A liquidated damages clause is considered a penalty if actual damages are not determinable in advance.
• D) If a liquidated damages clause is found to be a penalty, it continues to be enforceable.

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Definitions:

Cultural Bias

The inclination of a person to judge other cultures by the standards of their own culture, which can lead to misunderstanding and discrimination.

Gender Bias

The tendency to favor one gender over another, often resulting in unfair treatment based on an individual's gender or reinforcing stereotypical gender roles.

Social Class Bias

Prejudice or favoritism towards a particular social class, often leading to unequal treatment or opportunities.

Homeschooling

An educational approach where parents or guardians take on the primary responsibility for educating their children outside the traditional school system.