What are liquidated damages? How do they differ from penalties? Are liquidated damages recoverable? Are penalties recoverable?

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What are “liquidated damages”? How do they differ from penalties? Are liquidated damages recoverable? Are penalties recoverable?

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Managing the Law The Legal Aspects of Doing Business

ISBN: 978-0133847154

5th edition

Authors: Mitchell McInnes, Ian R. Kerr, J. Anthony VanDuzer

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Question Posted: Feb 20, 2019 11:41 AM

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What are liquidated damages? How do they differ from penalties? Are liquidated damages recoverable? Are penalties recoverable?

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Liquidated damages represent a genuine attempt to estimate t...View the full answer

Managing the Law The Legal Aspects of Doing Business

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