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Author Question: Teshawn and Amber have a contract with a clause that states that in the event of a breach, the ... (Read 82 times)

colton

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on: Jun 24, 2018
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


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aliotak

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Reply #1 on: Jun 24, 2018
Answer to Question 1

B

Answer to Question 2

B


colton

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Reply 2 on: Jun 24, 2018
Great answer, keep it coming :)

cam1229

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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