Considering the feedback you received from both instructor and classmates for Assignment #4 and Discussion Board #7, answer the following questions.
- Did you adequately consider the ways that the contract could be breached when you wrote in your liquidated damages clause(s)?
- Was it possible to use your liquidated damages clause to easily and quickly determine the remedy for the scenarios in Discussion Board #7?If so, what would the damages be?
- If not, how would you determine the remedy for the breach?
- Were your liquidated damages reasonable or were they so costly that they would be considered a penalty?
- What did you find surprising or most challenging about this contract drafting assignment (all 3 parts)?