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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
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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

User DejaVuSansMono
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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.

User IlyaGulya
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