Question $2($Mandatory$)(1$ point$)$

Copper Wire Inc. and Direct Electric LLC sign an agreement that provides for the payment of $"$ $$1,000$ by whichever party commits a material breach of the contract that creates damages difficult to estimate but approximately $$1,000."$ This is

a$)$ a penalty clause.

b$)$ a consequential damages clause.

C$)$ a mitigation of damages clause.

d$)$ a liquidated damages clause.