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The Term "Liquidated Damages" Refers to ______________

Question 113

Multiple Choice

The term "liquidated damages" refers to ______________.


A) An agreed-upon estimate of damages in tort and property cases.
B) An agreed-upon estimate of damages in trespass cases.
C) An agreed-upon estimate of damages at the time of contract formation.
D) An agreed-upon estimate of damages in insurance subrogation cases.

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