Q2) what are liquidated damages? Why to include a liquidated
damages clause in the contract? Are...
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Civil Engineering
Q2) what are liquidated damages? Why to include a liquidateddamages clause in the contract? Are they enforceable? How tocalculate the amount of liquidated damage?
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Liquidated damages also referred to as liquidated and ascertained damages are damages whose amount the parties designate during the formation of a contract for the injured party to collect as compensation upon a specific breach An exampleLiquidated damages
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