Which of the Following Statements Is True of Liquidated Damages

question 57

Multiple Choice

Which of the following statements is true of liquidated damages?

• A) They are the damages awarded by a court to a plaintiff for a breach of contract that causes no financial injury to the plaintiff.
• B) They are the damages awarded by a court arising from unusual losses, which the contracting parties knew would result from a breach of contract.
• C) They are the damages awarded by a court to put a plaintiff in the same position as if a contract had been performed.
• D) They are the damages specified in a contract when real damages for breach of contract are likely to be uncertain.
• E) They are the damages enforced when a party to a contract incurs damages even after getting an injunction.

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Definitions:

Forgetting Occurs

The process through which a person loses the ability to recall or recognize previously learned information or past experiences.

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A psychiatric treatment in which seizures are electrically induced in anesthetized patients for therapeutic effect.

Anterograde Amnesia

A condition that prevents an individual from forming new memories after the onset of the amnesia.

Retrograde Amnesia

A loss of memory-access to events that occurred or information that was acquired before an injury or the onset of a disease.