Exam (elaborations)
Law of Contracts Exam Study Guide: Guaranteed A+ Score
- Course
- Law Of Contracts
- Institution
- Liberty University
Default of contract and types of damages (pg 137) (Ans- Liquidated Damages - The seller can choose to accept the buyer's earnest money as liquidated damages, releasing all parties from any further obligation under the contract. Liquidated damages are damages that are established in the contract...
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