Which of the following statements is true in relation to 'agreed' damages?
A) The term refers to a specific sum of money.
B) The term is also known as 'liquidated' damages.
C) The courts will only enforce an agreed damages clause if it is a genuine pre- estimation of the actual loss suffered by the innocent party to a contract.
D) All of the above.
E) A and B only.
Correct Answer:
Verified
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