Which of the Following Statements Is the Best Description of 'Unliquidated

question 31

Multiple Choice

Which of the following statements is the best description of 'unliquidated' damages?

• A)An amount awarded where the innocent party's rights have been infringed but they have suffered no actual loss.
• B)An amount awarded to punish the party in breach of the contract.
• C)An amount awarded to compensate the innocent party for the loss suffered as a result of the breach of contract.
• D)An amount not fixed in the contract and left for the court to determine.

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Definitions:

Ecosystem

The interacting system that encompasses a community and its nonliving, physical environment. Compare with community.

Producers

Organisms, typically plants, that create their own food through photosynthesis, forming the base of the food chain.

Deductive Reasoning

The reasoning that operates from generalities to specifics and can make relationships among data more apparent. Compare with inductive reasoning. See hypothetico-deductive approach.

Premises

Statements or ideas that serve as the basis for an argument or reasoning, often accepted as true to support the conclusion of an argument.