Liquidated damages: Difference between revisions
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* [[Penalty clause]] | * [[Penalty clause]] | ||
* [[Remedy]] | * [[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.