Which statement best defines the purpose of having a liquidated damages contract? Question 2 options: a) A contract that liquidates the assets of the contractor if they run late on the project. b) A contract that assures the client that they will be compensated for losses if the project runs late. c) A contract that requires the client to compensate the contractor if that make changes that cause the contractor to be late. d) A contract that places a punitive penalty for the contractor if the contractor ends up running late on the project.