Teshawn and Amber Have a Contract with a Clause That

question 32

Multiple Choice

Teshawn and Amber have a contract with a clause that states that in the event of a breach, the breaching party will pay the non-breaching party $5,000.00. The type of clause is referred to as a _____ clause.

• A)compensatory damages
• B)liquidated damages
• C)incidental damages
• D)punitive damages

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Definitions:

Random Assignment

A method used in experiments to allocate participants to different groups using randomization, ensuring each participant has an equal chance of being placed in any group.

Random Sampling

A method of selecting a sample from a population where each member has an equal chance of being chosen.

Gender Similarities

The perspective that emphasizes the similarities rather than differences between genders in various psychological traits and behaviors.

Psychological Differences

Variations in mental processes or behaviors among individuals due to various factors such as genetics, environment, or experiences.