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Question

If the compensation to be paid on breach of contract is the genuine pre-estimate of the prospective damages, it is known as,

If the compensation to be paid on breach of contract is the genuine pre-estimate of the prospective damages, it is known as,

.

Option A: Special damages

Option B: Penalty

Option C: Un-liquidated damages

Option D: Liquidated damages

Correct Answer

Option: d

Explanation

It deals with liquidated damage & penalty sec 74 of Contract Act.

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