A meeting planner that is in breach of a contract with a hotel for not meeting the required minimum amount of room night sales (i.e. meeting attendees staying over night in the hotel) may be required to pay ____________. These are negotiated financial penalties to be paid in the event of a breach of contract which includes attrition clauses.

attrition fees

indemnification charges

liquidated damages

mitigated damages

Answer rating: 100% (QA)

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