Question

Tom and Nancy enter into a written contract for the sale of a dollhouse that Tom will custom-make. In the contract, they agree that Nancy will pay $350 if she breaks the contract. This sum of money is known asA. Mitigation of damagesB. Speculative damagesC. Equitable remedyD. Liquidated damages

Answer 1

Answer:Speculative damages

Step-by-step explanation:

These is a term of a contract to recover from loss that may occur in the future from the contract execution.