Liquidated damages: Difference between revisions

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imported>Doug Williamson
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A clause in a contract stipulating the damages payable in the event of breach.
''Law - contract - remedies''.
 
A liquidated damages clause in a contract stipulates the damages payable in the event of breach.


A common example is liquidated damages in the event of delay.
A common example is liquidated damages in the event of delay.
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== See also ==
== See also ==
* [[Breach]]
* [[Contract]]
* [[Contract]]
* [[Damages]]
* [[Damages]]
* [[Liquidate]]
* [[Penalty clause]]
* [[Remedy]]
* [[Unliquidated damages]]


[[Category:Treasury_operations_infrastructure]]
[[Category:Treasury_operations_infrastructure]]

Latest revision as of 10:34, 6 July 2022

Law - contract - remedies.

A liquidated damages clause in a contract stipulates the damages payable in the event of breach.

A common example is liquidated damages in the event of delay.


See also