Contracts
A 'liquidated damages clause' in a Nebraska purchase agreement means the parties have pre-agreed that the earnest money:
AWill be invested and returned with interest
BRepresents the seller's agreed remedy in the event of buyer default✓ Correct
CIs non-refundable regardless of any contingencies
DMust equal exactly 1% of the purchase price
Explanation
A liquidated damages clause states that if the buyer defaults, the seller's remedy is limited to retaining the earnest money as a pre-agreed estimate of damages. This prevents the seller from suing for additional damages.
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