In a contract of debt when a sum is expressed to be payable on a certa – McqOptions

MCQOPTIONS

1.	In a contract of debt when a sum is expressed to be payable on a certain date and a further sum is stipulated to be payable in the event of default, then latter sum is by way of
A.	Liquidated damages
B.	Penalty
C.	Special damages
D.	None of the above
Answer» C. Special damages

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