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Which one of the following statement about the Penalty Clause is correct ().
A.
Penalty is used to discourage a party from deliberately breaching its obligations.
B.
Once the breaching party pays penalty, the non-breaching party cannot lodge any claim for damages against the breaching party.
C.
The Penalty Clause is often used in the sales of consumer goods, such as clothes and home appliances.
D.
Amount of penalty is closely linked to the amount of actual loss.