Answered step by step
Verified Expert Solution
Question
1 Approved Answer
6. Arthur and Brian have entered into a contract with a liquidated damages provision that states that Ben's recovery will be $10,000 in the event
6. Arthur and Brian have entered into a contract with a liquidated damages provision that states that Ben's recovery will be $10,000 in the event of Arthur's breach. Arthur breaches the contract. However, Ben loses $50,000 in consequential damages as a result, so he wants more than just $10,000. Can he sue for the extra damages?
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started