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32 Elie hired JB Construction to renovate a bedroom and bath in her house so she could rent them out to a tenant. Ellie anticipated
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Elie hired JB Construction to renovate a bedroom and bath in her house so she could rent them out to a tenant. Ellie anticipated she could receive 5400 per month in rent for the bed and bath so she placed a clause in the construction contract with JB Construction that required the Contractor to pay $13.33 per day if the contract was not complete on time. Elle determined this amount by dividing the monthy rent of $400 by 30 days in a month. This contract clause is an example of A liquidated damages clause Arental damages cause @ A nominal damages clause A mitigated damages clause Step by Step Solution
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