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Law · Q908

Indian Contract Act

Graduate and Post Graduate · Law · question 908

Q908

If the compensation agreed to be paid in the event of the breach of contract is excessive and highly disproportionate, the amount thus fixed, is called

A.
Liquidated damages
B.
Penalty
Answer
C.
Unliquidated damages
D.
Contractual damages

Answer: Option B

Solution

Answer: Option B
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