Author Question: A contract clause which specifies the amount of damages to be paid in the event of a breach is ... (Read 116 times)

rosent76 · **on:** Jun 24, 2018

A contract clause which specifies the amount of damages to be paid in the event of a breach is called
A)a covenant of damages clause.
B)a reliance interest of damages clause.
C)a liquidated damages clause.
D)an incidental damages clause.

Question 2

In an arbitration agreement, the parties may choose to restrict the arbitrator's powers or let the arbitrator decide what is equitable and good.
Indicate whether the statement is true or false