Essays about: "liquidated damages"

Found 1 essay containing the words liquidated damages.

  1. 1. Agreed Payment for Non-performance in International Commercial Contracts

    University essay from Lunds universitet/Institutionen för handelsrätt

    Author : Mila Hälinen; [2021]
    Keywords : International; Commercial; Contracts; Penalty; Clause; Liquidated damages; Law and Political Science;

    Abstract : The commercial contracts commonly require an agreed payment clause for nonperformance. This clause provides agreed statement of the amount recovered by the innocent party in case of a breach of contract. The term, agreed payment for non-performance includes two types of clauses, penalty clause and liquidated damages clause. READ MORE