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Curnoe Ltd supplied tyres to Garage Ltd.

Curnoe Ltd supplied tyres to Garage Ltd. Garage Ltd agreed in the contract that for any specified breaches of contract, it would pay Curnoe Ltd £5 per tyre sold in breach. It subsequently sold tyres at below the listed price, which was one of the breaches mentioned in the contract. What is the £5 per tyre provision an example of?

A.

Quantum meruit

B.

Exclusion clause

C.

Liquidated damages

D.

Unliquidated damages

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