Question: 1. (a) Describe the THREE (3) differences in Liability between Tort Law and Contract Law. (12 marks) (b) The amount for Liquidated Damages is estimated

1. (a) Describe the THREE (3) differences in

1. (a) Describe the THREE (3) differences in Liability between Tort Law and Contract Law. (12 marks) (b) The amount for Liquidated Damages is estimated to be $50,000.00 per day but the client wishes to insert a greater amount of $100,000.00 as a deterrent to the contractor. Explain to the client whether Penalty applies in this case and its implications. (10 marks) (c) The Completion Date and the Date of Substantial Completion of the Main Contract are 10 November 2019 and 23 January 2020 respectively. The Engineer granted a total of 68 days of Extension of time under the Standard Form of Contract. The rate per day of liquidated damages is $122,000.00. Calculate the amount of liquidated damages that may be deducted by the Client. (13 marks)

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