What is a liquidated damages clause?
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 69% (13 reviews)
To conclude I can say that a term of a contr...View the full answer
Answered By
Somshukla Chakraborty
I have a teaching experience of more than 4 years by now in diverse subjects like History,Geography,Political Science,Sociology,Business Enterprise,Economics,Environmental Management etc.I teach students from classes 9-12 and undergraduate students.I boards I handle are IB,IGCSE, state boards,ICSE, CBSE.I am passionate about teaching.Full satisfaction of the students is my main goal.
I have completed my graduation and master's in history from Jadavpur University Kolkata,India in 2012 and I have completed my B.Ed from the same University in 2013. I have taught in a reputed school of Kolkata (subjects-History,Geography,Civics,Political Science) from 2014-2016.I worked as a guest lecturer of history in a college of Kolkata for 2 years teaching students of 1st ,2nd and 3rd year. I taught Ancient and Modern Indian history there.I have taught in another school in Mohali,Punjab teaching students from classes 9-12.Presently I am working as an online tutor with concept tutors,Bangalore,India(Carve Niche Pvt.Ltd.) for the last 1year and also have been appointed as an online history tutor by Course Hero(California,U.S) and Vidyalai.com(Chennai,India).
4.00+
2+ Reviews
10+ Question Solved
Related Book For
Canadian Business & the Law
ISBN: 978-0176501624
4th edition
Authors: Dorothy DuPlessis, Shannnon o'Byrne, Steven Enman, Sally Gunz
Question Posted:
Students also viewed these Business Law questions
-
Which of the following is false with regard to remedies for breach of contract? a. The quantum (amount) of damages to be given to the victim of the breach may be limited to the amount specified in a...
-
1. In deciding whether a clause provides for liquidated damages or a penalty, should the courts ever consider the circumstances that caused the nonperforming party to breach the contract? Explain. 2....
-
Multiply Choice 1. Master Mfg., Inc. contracted with Accur Computer Repair Corp. to maintain Masters computer system. Masters manufacturing process depends on its computer system operating properly...
-
Develop a two-period weighted moving average forecast for periods 12 through 15. Use weights of 0.7 and 0.3, with the most recent observation weighted higher. PERIOD DEMAND 10............ 248...
-
The 2016 income statement and comparative balance sheet of McKnight, Inc. follow: Additionally, McKnight purchased land of $27,800 by financing it 100% with long-term notes payable during 2016....
-
Two products, A and B, are obtained from the reaction of 1-bromobutane with NH3. Compound A reacts with acetyl chloride to form C, and B reacts with acetyl chloride to form D. The IR spectra of C and...
-
Thirty-six percent of U.S. adults have postponed medical checkups or procedures to save money. You randomly select nine U.S. adults. Find the probability that the number of U.S. adults who have...
-
A simple procedure for measuring surface convection heat transfer coefficients involves coating the surface with a thin layer of material having a precise melting point temperature. The surface is...
-
The following is a sequence of eight numbers: 01 2 3 4 5 6 7 350 100 250 400 300 50 200 150 Use QuickSort to sort the numbers in the sequence in ascending order. Show the result of each step by...
-
1. Is Rapailles code system a short-cut code to understanding the complexities in culture and a way to make market research easier? Or is it a superficial hoax sold by a charlatan? 2. As a manager,...
-
What is the difference between a click-wrap agreement and a browse-wrap agreement?
-
Who decides the content of a contract and on what basis?
-
John (age 51 and single) has earned income of $3,000. He has $30,000 of unearned (capital gain) income if he does participate in an employer-sponsored plan, what is the maximum deductible IRA...
-
While designing a conveyor belt system for a new airport, you determine that, when a typical suitcase is moving up an incline of \(20^{\circ}\), the magnitude of the maximum forward acceleration a...
-
A cannon fires a shell at an angle such that the shell's initial velocity has a horizontal component of \(20 \mathrm{~m} / \mathrm{s}\) and a vertical component of \(35 \mathrm{~m} / \mathrm{s}\)....
-
Describe the properties of two vectors for which (a) \(\vec{A}+\vec{B}=\vec{A}-\vec{B}\) and (b) \(|\vec{A}|+|\vec{B}|=|\vec{A}+\vec{B}| \)
-
Pucks 1 and 2 slide on ice and collide. The inertia of puck 2 is twice that of puck 1 . Puck 1 initially moves at \(1.8 \mathrm{~m} / \mathrm{s}\); puck 2 initially moves at \(0.20 \mathrm{~m} /...
-
A system of inertia \(0.50 \mathrm{~kg}\) consists of a spring gun attached to a cart. The system is at rest on a horizontal low-friction track. A \(0.050-\mathrm{kg}\) projectile is loaded into the...
-
The figure shows the graph of f(x) = ax 2 + bx + c. (a) State whether a > 0 or a (b) Solve the equation ax 2 + bx + c = 0. (c) Is the discriminant positive, negative, or zero? -3-2-1 2 y = f(x) 123
-
The Home Depot is the leading retailer in the home improvement industry and one of the 10largest retailers in the United States. The company included the following on its January 29, 2012, balance...
-
Carl, a salesman for Smith, comes to Bensons home and sells him a complete set of gourmet cooking utensils that are worth approximately $300. Benson, an eighty-year-old man living alone in a one-room...
-
Consider the same facts as in problem 8, but assume that the price was $350. Benson, nevertheless, wishes to avoid the contract based on the allegation that Carl befriended and tricked him into the...
-
Adrian rents a bicycle from Barbara. The bicycle rental contract Adrian signed provides that Barbara is not liable for any injury to the renter caused by any defect in the bicycle or the negligence...
-
Evaluate the challenges and solutions associated with implementing robust error handling and recovery mechanisms in operating systems, particularly in the context of disk I/O operations and system...
-
Erica, Deana & Tara had average capital balances of $350,000, $380,000 and $400,000 respectively during the current fiscal year. The partnership agreement provides for an allowance of 4% on the...
-
Retum to quest Grove Audio is considering the introduction of a new model of wireless speakers with the following price and cost characteristics. Sales price Variable costs Fixed costs Required: $...
Study smarter with the SolutionInn App