Image from Google Jackets

When damages become an unenforceable penalty

By: Language: English Series: Contract Journal ; 395(6191) 3 September 1998, 18(1)Publication details: 1998Subject(s): Summary: Considers the deduction of liquidated damages in the case of a delay in completing a building contract and also the considers whether an agreement for liquidated and ascertained damages may be construed as a penalty.

Considers the deduction of liquidated damages in the case of a delay in completing a building contract and also the considers whether an agreement for liquidated and ascertained damages may be construed as a penalty.