I'm a little confused by this question. I know liquidated damages are a penalty, but I'm not sure if it's specifically for late delivery or something else. I'll have to guess on this one.
I remember learning about liquidated damages in class. They're a way to penalize the contractor for not meeting the requirements on time, so I'll choose B.
I'm a little confused by the wording of this question. It seems like it's asking about specific characteristics, but I'm not sure exactly what they're looking for. I'll need to re-read it a few times to make sure I understand.
Cheryl
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