Question4:- Whether time is essence of contract or not, would depend upon:
- (a) Terms and conditions of contract
- (b) Conduct of parties
- (c) Attending circumstances
- (d) All of the above
Question5:- The legal term for damages that are not pre-determined and are assessed by the court based on the harm suffered is:
- (A) Liquidated damages
- (B) Compensatory damages
- (C) Unliquidated damages
- (D) Punitive damages