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1.) Liquidated damages are damages that: a. Fluctuate with market conditions b. Are awarded in addition to expectation damages and reliance damages c. Are pre-determined
1.) Liquidated damages are damages that:
a. Fluctuate with market conditions
b. Are awarded in addition to expectation damages and reliance damages
c. Are pre-determined in the contract
d. Punish the breaching party
2.) An agency by ________ occurs when the principal approves or accepts the benefits of the actions of an unauthorized agent (fill in the blank)
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