Question
A clause in a contract that establishes that damages of $10,000 will be payable by a supplier if it fails to deliver products to a
A clause in a contract that establishes that damages of $10,000 will be payable by a supplier if it fails to deliver products to a retailer on time is ______
a limitation of liability clause
an exemption clause
a liquidated damages clause
a condition precedent.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access with AI-Powered 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
Microeconomics
Authors: David Laibson, John List
Global Edition 1st Edition
978-1292079578
