Questions & Answers · general

When is a liquidated damages clause enforceable, and when is it a penalty?

when-is-a-liquidated-damages-clause-enforceable-and-when-is-it-a-penalty-q24-60c486f62d8dfaec-2025-02-06

Type
Questions & Answers
Jurisdiction
United States
Date
2025-02-06
Topic
general

When is a liquidated damages clause enforceable, and when is it a penalty?

Question

When is a liquidated damages clause enforceable, and when is it a penalty?

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