Which of the Following Is Generally True Regarding a Liquidated-Damage

question 61

Multiple Choice

Which of the following is generally true regarding a liquidated-damage clause?

• A)A liquidated-damage clause is per se illegal.
• B)A liquidated-damage clause is void in the interests of public policy.
• C)A liquidated-damage clause is voidable in the interests of public policy.
• D)A liquidated-damage clause is enforceable if it is not punitive in nature.
• E)A liquidated-damage clause will be enforced,regardless of whether it is punitive in nature.

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Definitions:

Public Relations Practitioner

A professional responsible for managing and influencing public perception and maintaining relationships between an organization and its publics.

Goodwill

The intangible asset that arises as a result of the acquisition of one company by another for a premium value, representing the reputation, brand, and other non-tangible assets.

Online Expansion

The process of growing a business's or organization's presence, services, or products through digital platforms and the internet.

Community

A group of people living in the same place or having a particular characteristic in common, or a feeling of fellowship with others due to shared attitudes, interests, and goals.