Question
Softtouch Hardware is opening a new store and plans a week long celebration beginning on December 2 to honor the occasion. In preparation, Softtouch pays
Softtouch Hardware is opening a new store and plans a week long celebration beginning on December 2 to honor the occasion. In preparation, Softtouch pays Spangled Banners $300 to make a large banner with the wording "Grand Opening." The terms of their contract include a clause that requires Spangled Banners to deliver the banner by December 2 or pay Softtouch $100 a day for each day after December 2 that it fails to deliver the banner. Because of material shortages Spangled Banners does not deliver the banner until December 4th. Softtouch sues Spangled Banners for $200. Which of the following is true?
Group of answer choices
A. Softtouch is seeking incidental damages
B. Softtouch is seeking liquidated damages.
C. The contract involves a condition subsequent
D. The contract contains a condition precedent.
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