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A Provision Stipulating the Amount of Money Damages to Be

question 54

Multiple Choice

A provision stipulating the amount of money damages to be paid in the event of default or breach of contract is known as a __________ damages clause.


Definitions:

Scraping

the process of removing material from a surface using a hard edge or object.

Gouging

The process of making grooves or marks in a surface, often related to glacial activity in geological contexts.

Cirque

An open-sided, bowl-shaped depression formed in a mountain, commonly at the head of a glacial valley; produced by erosion of a glacier.

Depression

A geological formation resulting from the sinking of the Earth's surface, forming a bowl-like or flat area lower than the surrounding ground.

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