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1.Where a contract states the sum to be paid in the event of a breach of contract, the stated sum is known as which of the following?
A Unliquidated damages
B Liquidated damages
C Specific damages
D Nominal damages (2 marks)
2. Which of the following applies to the concept of enlightened shareholder value?
A It is the price shares can be expected to raise if they were to be sold
B It is the yardstick for assessing the performance of directors' duties
C It is the standard of behaviour expected of shareholders in general meetings (1 mark)
