Who bears the risk of loss of damage to unidentified goods?
A) shipper
B) buyer
C) seller
D) auctioneer
Question 2
Which is NOT a correct statement concerning a liquidated damages clause?
A) If the clause is enforced, the injured party can collect no more than the amount specified.
B) If the clause is enforced, the injured party has a choice between compensatory damages or liquidated damages.
C) It must be possible to determine actual damages.
D) The amount of liquidated damages are established by the parties to the contract.