Liquidated damages: Difference between revisions
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imported>Doug Williamson (Add example.) |
imported>Doug Williamson (Add heading.) |
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A clause in a contract | ''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]] | ||
* [[Penalty clause]] | |||
* [[Remedy]] | |||
[[Category:Treasury_operations_infrastructure]] | [[Category:Treasury_operations_infrastructure]] | ||
Revision as of 09:44, 14 December 2019
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.
