Describe the nature and purpose of liquidated damage clauses and how they are distinguished from penalty clauses.
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Describe the nature and purpose of liquidated damage clauses and how they are distinguished from penalty clauses.
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Liquidated damages clauses and penalty clauses are both contractual provisions that address potential breaches of contract but they serve different pu...View the full answer
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Related Book For 
The Law And Business Administration In Canada
ISBN: 9780133251678
14th Edition
Authors: J.E. Smyth, Dan Soberman, Alex Easson, Shelley McGill
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