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Question
Which of the following statements is true of liquidated damages?
A. They are the damages awarded by a court to a plaintiff for a breach of contract that causes no financial injury to the plaintiff.
B. They are the damages awarded by a court arising from unusual losses, which the contracting parties knew would result from a breach of contract.
C. They are the damages awarded by a court to put a plaintiff in the same position as if a contract had been performed.
D. They are the damages specified in a contract when real damages for breach of contract are likely to be uncertain.
E. They are the damages enforced when a party to a contract incurs damages even after getting an injunction.
Answer
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