Penalties reworked : the rule against penalties restated, justified and refined
An 'agreed damages clause' is a contractual provision whereby the parties agree on the damages one party must pay if that party breaches a term. A valid agreed damages clause, known as a 'liquidated damages clause', is enforceable. An invalid agreed damages clause, known as a ...
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University of Oxford
2014
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Online Access: | http://ethos.bl.uk/OrderDetails.do?uin=uk.bl.ethos.711802 |