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Author Question: Which one of the following statements accurately describes the effect of a liquidated damages clause ... (Read 55 times)

RODY.ELKHALIL

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on: Aug 7, 2021
Which one of the following statements accurately describes the effect of a liquidated damages clause on a plaintiff's claim in a breach of contract action?
◦ The plaintiff will likely be awarded a judgment for all damages that "naturally and directly flow" from the breach.
◦ Liquidated damages only apply to losses caused by excess water, such as floods or tidal waves.
◦ This clause conclusively determines the amount of damages that the court can award.
◦ This clause requires the injured party to take all reasonable steps to mitigate (lessen) his or her losses.
◦ The court will likely award the amount set out in the clause if it considers that to be a genuine estimate by the parties of the likely consequences of the breach.
Legal Fundamentals for Canadian Business ¦ Yates ¦ 4th Edition
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Marked as best answer by RODY.ELKHALIL on Aug 7, 2021

chevyboi1976

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Reply #1 on: Aug 7, 2021
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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RODY.ELKHALIL

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Reply 2 on: Aug 7, 2021
Thanks for the timely response, appreciate it

phuda

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Reply 3 on: Yesterday
Excellent

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