Chargebacks are a form of liquidated damages, and since liquidated damages are a way of agreeing in advance on standard charges or routine penalties for contract breaches, they are very common and usually enforced, but subject to one limitation, which is that they must be reasonable and not excessive in light of the given breach (i.e., even if the contract specifies liquidated damages of one million dollars for each item delivered on the wrong kind of hangar, courts would not enforce that contractual provision because it is so unreasonable).
options:
a.True
b.False