Question

Rural Utility, Inc., enters into a contract with Shovel Excavation Service to dig up, replace, and rebury Rural's cables in a certain location. Rural advances Shovel 10 percent of its cost. If the parties rescind the contract, Shovel's refund of the payment would be
A.a penalty.
B.liquidated damages.
C.restitution.
D.specific performance.

Answer

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