Question: Liquidated damage clauses: 1: Are the same as clauses for consequential damages. 2: Are generally invalid 3::Can be enforced as long as compensatory damages are
Liquidated damage clauses:
1: Are the same as clauses for consequential damages.
2: Are generally invalid
3::Can be enforced as long as compensatory damages are also collected.
4:: Are enforceable if reasonable
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
