Final answer:
Carl's liability for damages depends on the specifics of his agreement with Hugh. This could include provisions for liquidated damages or be governed by UCC guidelines if not explicitly stated in the contract.
Step-by-step explanation:
If Carl takes on Hugh's job but does not finish in time, depending on the terms of the agreement between Carl and Hugh, Carl may be liable for damages. However, without explicit terms stating the consequences or a set formula for damages such as liquidated damages or those set by the Uniform Commercial Code (UCC), it's not possible to determine with certainty which option applies.
Generally, in contracts, if a party fails to fulfill their obligations, they can be liable for damages. This can be subject to the specifics of the contract, whether it includes provisions for liquidated damages (a predetermined amount agreed upon as the total amount of compensation an injured party should receive if the other party breaches certain aspects of the contract), or if it is silent, the UCC or other relevant laws may provide a means of determining damages.