Liquidated Damages Under the UCC

question 34

Multiple Choice

Liquidated damages under the UCC:

• A)Are not permissible.
• B)Are not permissible anytime both parties have agreed to them.
• C)Are permissible only if other remedies are inadequate.
• D)Are permissible if reasonable,considering actual damages and the difficulties in computing actual damages.

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Definitions:

Absolute Threshold

The minimum stimulus intensity required to be perceived by a sensory system.

Absolute Thresholds

The minimum intensity of stimulation that must occur before you experience a sensation.

Candle Flame

The visible portion of a candle that is ignited, producing light and heat from the combustion process.

Sensation

The process by which sensory receptors and the nervous system receive and represent stimulus energies from our environment.