Question

Rural Power Utility, Inc., enters into a contract with Shovel Excavation Service to dig up, replace, and rebury Rural's cables in a certain location. Rural advances Shovel 10 percent of its cost. The parties rescind the contract. Shovel's refund of the payment is
a. a penalty.
b. liquidated damages.
c. restitution.
d. a breach of contract.

Answer

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