Teshawn and Amber have a contract with a clause that states that ...

[colton]

Teshawn and Amber have a contract with a clause that states that in the event of a breach, the breaching party will pay the non-breaching party 5,000.00. The type of clause is referred to as a _____ clause.
 A) compensatory damages
 B) liquidated damages
 C) incidental damages
 D) punitive damages

Question 2

Partnership property:
 A) is always personal property.
 B) is owned by the partners as tenants in partnership.
 C) can be pledged to a partner's personal creditor.
 D) All of the above

[aliotak]

Answer to Question 1

B

Answer to Question 2

B

[colton]

TYSM

[isabelt_18]

Gracias!