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Question
Ronny hires a car from Greens Transport with global positioning system (GPS) for his holiday in Las Vegas. The rent for the car was $175 a day and was hired for 7 days. The contract did not state anything regarding speed. At times Ronny drove at a high speed of which the GPS kept a record and Greens imposed damages worth $4000 for the wear and tear caused due to high speed. What kind of damage is this?
A. Compensatory damages.
B. Penalty damages.
C. Liquidated damages.
D. Punitive damages.
Answer
This answer is hidden. It contains 398 characters.
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