Charlie and Nadia enter into an agreement where Charlie will deliver a catered meal for Nadias weekly salon parties every Friday. These salon parties are marketing events where Nadia sells beauty supplies directly to customers. Charlie and Nadia agree that if Charlies fails to deliver the meal by 5pm each Friday, he will have to pay her a set amount of $100 in damages. This term is referred to as:

Group of answer choices

nominal damages

liquidated damages

punitive damages

compensatory damages