Carswell, a contractor, enters into a contract with Helen, a homeowner, to remodel her bathroom. The contract provides a specific completion date. The contract provides that if Carswell does not have the job finished by the date, Helen may deduct $200 per day from the contract price until the job is finished. This is an example of liquidated damages.

True

Explanation:

Liquidated damages are an amount of money, agreed upon by the parties at the time of the contract signing, that establishes the damages that can be recovered in the event a party breaches the contract. It is a provision that allows for the payment of a specified sum should one of the parties be in breach of contract which is frequently the failure to complete work on time.

they encountered severe weather for which they were poorly prepared.