Bartleby Related Questions Icon

Related questions

Question
 

In October, Sweets, Inc., a candy maker, enters into a contract with Sugar Supply Co. whereby Sugar Supply is required to deliver 10,000 pounds of Sugar to Sweets.  Sweets needs the sugar to make candy for the upcoming holiday season.  In the contract there is a provision that states that if Sugar Supply breaches the contract, Sugar Supply must pay $1.00 pound for each pound of sugar it does not deliver.  This type of provision is called:

 

Question 7 options:

 

A) 

compensatory damages

 

B) 

punitive damages

 

C) 

liquidated damages

 

D) 

consequential damages

SAVE
AI-Generated Solution
AI-generated content may present inaccurate or offensive content that does not represent bartleby’s views.
bartleby
Unlock instant AI solutions
Tap the button
to generate a solution
Click the button to generate
a solution