Damages
What is unliquidated damages
What is the meaning of unliquidated damages?What is the difference between liquidated damages and unliquidated damages?What is the definition of unli...
Example of liquidated damages
A liquidated damages example would be a contractor that failed to complete a construction project on time and is charged daily until the project has b...
Liquidated damages and unliquidated damages
A liquidated damages clause (or an agreed damages clause), is a provision in a contract that fixes the sum payable as damages for a party's breach. In...
Liquidated damages construction
Liquidated damages in construction are a contractually agreed upon sum of money that one party to a contract must pay the other party if they breach t...
Liquidated damages in tort
Liquidated damages are meant as a fair representation of losses in situations where actual damages are difficult to ascertain. The courts typically re...