Which of the Following Terms Refers to Something Quite Different

question 124

Multiple Choice

Which of the following terms refers to something quite different than do the other three terms?

• A) blended family
• B) stepfamily
• C) single-parent family
• D) reconstituted family

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Definitions:

Liquidated Damages

A predetermined amount of money that must be paid as compensation for failure to fulfill certain contractual obligations, particularly in cases of breach of contract.

Consequential Damage

Refers to indirect losses suffered as a result of a breach of contract, beyond the immediate and direct damages.

Substitute Goods

Products that can serve as replacements for each other; demand for one increases when the price of the other increases.

Cover

To obtain substitute or equivalent goods.