Forfeiture of agreed damages in a contract is known as
A. mitigated damages.
B. subordination.
C. liquidated damages.
D. punitive damages.
Answer: C. liquidated damages.
Business
You might also like to view...
A court with ________ jurisdiction has the power to review a previously made decision to determine whether the trial court erred in making its initial decision
A) original B) appellate C) in rem D) exclusive federal
Business
When analyzing the key elements of a country's economic environment, it is best to apply a systems perspective
Indicate whether the statement is true or false
Business