Which of the Following Hold True in a Case of Liquidated

question 60

Multiple Choice

Which of the following hold true in a case of liquidated damages?

• A) For liquidated damages to be lawful, the actual damages must be precisely determined.
• B) Liquidated damages are enforceable even if actual damages are later determined to be different.
• C) A liquidated damages clause is considered a penalty if actual damages are not determinable in advance.
• D) If a liquidated damages clause is found to be a penalty, it continues to be enforceable.

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Definitions:

Global Agnostic

An approach where businesses or strategies do not favor any particular country or cultural norms but instead aim to be universally applicable and relevant.

Creolization

The process in which different cultures come into contact and create new, blended cultural practices, languages, and identities.

Back-translation

A method used in the process of translating a document or text back into the original language by a different translator to ensure accuracy and consistency.

Cross-cultural Analysis

The examination of how cultural differences impact behavior, practices, and values across different societies or cultural groups.