Under the UCC,when the innocent specifies their own damages for a potential breach of a sales contract and they are reasonable and not punitive,these damages are called:

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Liquidation damages are damages that are specified by the parties in a contract as the amount of compensation that will be payable in the event of a breach of contract. These damages must be reasonable and must not be intended as a penalty.

Under the UCC,when the Innocent Specifies Their Own Damages for a Potential