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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Definitions:

Post-Secondary Education

Education that occurs after high school, including programs at colleges, universities, and technical schools.

Social Stratification

Division of people into categories or strata that are rewarded unequally in terms of power, property, and prestige.

Sexualized Violence

Acts of violence or coercion that are sexual in nature, used to exert power and control over the victim.

Inequities

Refers to unfair, avoidable differences arising from poor governance, corruption, or cultural exclusion.