Which of the following statements is the best description of 'unliquidated' damages?
A)An amount awarded where the innocent party's rights have been infringed but they have suffered no actual loss.
B)An amount awarded to punish the party in breach of the contract.
C)An amount awarded to compensate the innocent party for the loss suffered as a result of the breach of contract.
D)An amount not fixed in the contract and left for the court to determine.

Question

Quizplus · Accepted Answer

Unliquidated damages are damages that are not fixed or predetermined in the contract, and therefore, the amount is left for the court to determine based on the actual loss suffered by the innocent party.

Which of the Following Statements Is the Best Description of 'Unliquidated