Kyle Bruno enters a contract with X Entertainment to be a stuntman in a movie. Bruno is widely known as the best motorcycle stuntman in the business, and the movie to be produced, Xtreme Riders, has numerous scenes involving highspeed freestyle streetbike stunts. Filming is set to begin August 1 and end by December 1 so that the lm can be released the following summer. Both parties to the contract have stipulated that the lming must end on time to capture the prots from the summer movie market. The contract states that Bruno will be paid 10 percent of the net proceeds from the movie for his stunts. The contract also includes a liquidated damages provision, which species that if Bruno breaches the contract, he will owe X Entertainment $1 million. In addition, the contract includes a limitationofliability clause stating that if Bruno is injured during lming, X Entertainment's liability is limited to nominal damages. Using the information presented, answer the following questions