A Contractor and Southampton, Inc

question 35

Multiple Choice

A contractor and Southampton, Inc. have a contract, which calls for the contractor to build a building with the completion by June 15. If the building is not completed by that date, the contract calls for the contractor to pay $100 per day in damages. The $100 per day is:

• A) punitive damages.
• B) nominal damages.
• C) liquidated damages.
• D) an illegal penalty.

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Definitions:

Wording Effects

The impact that the choice of words has on the meaning, interpretation, or emotional response of the recipient.

Same-Sex Marriage

The legally or socially recognized marriage between two individuals of the same sex or gender.

Random Samples

The selection of a subset of individuals from a larger set where each member of the subset has an equal probability of being chosen. This ensures that the sample represents the overall population.

Homogeneous

Composed of parts or elements that are all of the same kind; not heterogeneous.