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 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
Business Law and the Legal Environment
Authors: Jeffrey F. Beatty, Susan S. Samuelson, Patricia Sanchez Abril
8th edition
1337404667, 1337404662, 9781337404532, 1337404535, 978-1337736954
