Contract that creates damages, Business Management

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Contract that creates damages

SFX Paintball Games, Inc., and Truck & Trailer Delivery Corporation sign an agreement that provides for the payment of "$1,000 by whichever party commits a material breach of the contract that creates damages difficult to estimate but approximately $1,000." This is

a liquidated damages clause.

a mitigation of damages clause.

a nominal damages clause.

a penalty clause.

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Business Management: Contract that creates damages

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Business Management: Contract that creates damages

Reference No:- TGS099987

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Recent Questions Asked Business Management

Q : Recommending the proposed changes

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Request for Solution File

Ask an Expert for Answer!!

Business Management: Contract that creates damages

Reference No:- TGS099987

Recent Questions Asked Business Management

Q : Recommending the proposed changes

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