asked 143k views
5 votes
Copper Circuit, Inc., and Direct Electric LLC sign an agreement that provides for the payment of "$1,000 by whichever party commits a material breach of the contract that creates damages difficult to estimate but approximately $1,000." This is​ _______________?

asked
User Kevmon
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8.7k points

1 Answer

6 votes
The answer is The Liquidated Damages Clause
answered
User Umeboshi
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9.0k points
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