Donald, the owner of ABC Construction, agreed with Kamala, the owner of XYZ Hotel, that he would complete renovations on Kamala's upper scale hotel on the beach in Florida by October $1.$ He told her, "trust me$,$ we will make that hotel great again." The amount due to Donald under the contract was $$250,000.$ The contract contained a clause by which Donald would pay Kamala $$50,000$ for each day he was late on completing the project. Unfortunately, an unexpectedly strong earthquake shook the area; and while the earthquake did not damage the hotel itself, Donald encountered significant difficulty in getting supplies due to the high demand for building material following the earthquake. Because he believed that traveling, himself, to other states to obtain supplies would be prohibitively expensive, he delayed the project for two weeks while waiting for local stores to have sufficient supplies available. Donald finished renovations six days late. Kamala told Donald that she owed Donald nothing but that Donald owed her $$50,000.$ Donald told Kamala that he was suing for the entire $$250,000$ because it was "a conspiracy" and it was not his fault that the earthquake delayed matters. Which of the following is the appropriate term for the agreement that Donald would pay Kamala $$50,000$ for each day he was late in completion?

Stipulated damages

Acknowledged damages clause

Mitigated damages term

Liquidated damages clause