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When There Is No Well-Understood or Agreed-On Procedure for Making

question 51

Multiple Choice

When there is no well-understood or agreed-on procedure for making a decision, the decision is said to be:

Recognize the enforceability and function of liquidated damages provisions.
Understand the circumstances under which specific performance may be granted as a remedy.
Recognize the legal principles governing the recovery of damages for the breach of contract involving the sale of goods, employment, and real property.
Understand the concept of restitution and its application in contractual disputes.

Definitions:

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