Which of the Following Statements Refers to Liquidated Damages

question 66

Multiple Choice

Which of the following statements refers to liquidated damages?

• A) They are damages in excess of compensatory damages that the court awards for the sole purpose of deterring the defendant and others from doing the same act again.
• B) They are damages awarded to the party that is injured by a breach of contract but cannot establish actual damages.
• C) They are damages for nonperformance that are stipulated in a clause in the contract.
• D) They are damages designed to place the non-breaching party in the position that party would have enjoyed had the terms of the contract been performed.

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