A contractor and Southampton, Inc have a contract, which calls for the contractor to build a building with the completion by June 15 . If the building is not completed by that date, the contract calls for the contractor to pay $100 per day in damages. The $100 per day is:
a. punitive damages.
b. nominal damages.
c. liquidated damages.
d. an illegal penalty.
c
Business
You might also like to view...
During a pretest, respondents are asked to pay attention to all of the following, EXCEPT:
a. words. b. other participants in the study. c. instructions. d. question flow patterns. e. phrases.
Business
In Expectancy Theory, ________ is the perceived link between performance and a specific outcome
A) expectancy B) valence C) instrumentality D) equity
Business