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What is liquidated damages ?
Liquidated damages are what you pay when you cannot satisfy a contract. The amount is... you let me know you can't until February 15, you have violated the contract. Liquidated damages means you would then pay me the agreed upon sum and we are ...
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what does liquidated damages and not as a penalty mean?
"Liquidated damages" is a provision in a contract that specifies the...the event of the other party's breach of the contract. Courts will uphold liquidated damages only when they are reasonable in the light of the anticipated...
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Can liquidated damages be used as a penalty? How are damages determined as either liquidated or penalty?
No please. Liquidated damages are compensation. Liquidated...tribunal in the event of breach). At common law, a liquidated damages clause will not be enforced if...
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what is liquidated damages?
Liquidated damages refers to a contractual provision that determines in...the level of uncertainty for both sides. Courts, however, will not enforce a liquidated damages clause if they conclude the provision is actually a penalty and not...
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How to Liquidate Products?
Regarding your question to liquidate products I think I solved both problems with...
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About liquidating ones finances?
Why liquidate? Now is the time to be buying. The same stock in the...
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Liquidated Damages Clause?
Liquidated damages clauses state that if there is a breach in the contract...
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Plz explain the liquidation thing. like ho do i buy a house that's been liquidated?
Liquidated is simply a fancy word for "sold". You can buy ...
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What does it mean to liquidate something?
to liquidate is to take an asset of any value and sell it or trade it in, for its...if you own a house, and it is worth/appraised for $300,000..and you liquidate it. that means you sell your house (to a buyer or bank or whomever...
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Is "damage" a prerequisite for claiming liquidated damages?
As a liquidated damages clause is often an estimate of damage...show that it is excessive, then a court will hold a liquidated damages clause void, since it constitutes...
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