Stipulations in a contract providing for enhanced rate of interest fro – McqOptions

MCQOPTIONS

1.	Stipulations in a contract providing for enhanced rate of interest from date of default of payment of principal or compound interest are considered to be in the nature of
A.	Liquidated damages
B.	Penalty
C.	Unliquidated damages
D.	None of these
Answer» C. Unliquidated damages

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