The contract between Bayson's Department Store and Clemson's Manufacturing contains a clause that allows either party to end the contract on 60 days' notice and the payment of liquidated damages, which are set at a reasonable amount. This clause is a(n):

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The clause described in the contract between Bayson's Department Store and Clemson's Manufacturing is an option to terminate clause. This clause allows either party to end the contract on 60 days' notice and the payment of liquidated damages, which are set at a reasonable amount. This gives both parties the option to terminate the contract if they feel they need to, without breaching the terms of the agreement.

The Contract Between Bayson's Department Store and Clemson's Manufacturing Contains