Bart agreed to deliver fruits worth $1,000 to a retail store.Bart and the store owner agree that if delivery is not made on time,Bart will pay the store some amount as liquidated damages,for the lost sales.Which of the following amounts would most likely be considered penal if they settle for it?

Question

Quizplus · Accepted Answer

$25,000 in this case is large enough to be considered a penalty.

Bart Agreed to Deliver Fruits Worth $1,000 to a Retail