True/False
A liquidated damages provision will be validated if it is considered to be a penalty.
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q24: A contract that has been fully performed
Q72: Under which kind(s)of performance by the other
Q73: Alice has a contract with a surgeon
Q74: When an employer breaches an employment contract,what
Q76: Mitigation of damages is no longer necessary
Q77: What is tender of performance in connection
Q79: What does the term "mitigation" refer to
Q80: A court will not enforce a liquidated
Q81: The downfall of using equitable remedies is
Q124: A material breach allows the other party