Final answer:
Liquidated damages are false as they are certain in amount.
Step-by-step explanation:
Liquidated damages are false in that they are certain in amount, rather than uncertain. When parties enter into a contract, they may include a provision known as a liquidated damages clause. This clause specifies a predetermined amount of money that one party will owe the other if a particular event occurs, such as a breach of contract. The purpose of including a liquidated damages clause is to provide some certainty and predictability in determining damages, rather than relying on potentially lengthy and costly litigation to determine the appropriate amount.