konventionalbod
English translation: liquidated damages (enforceable); a contract penalty (unenforceable)
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| 10:19 Jul 2, 2006 |
| Danish to English translations [PRO] Law/Patents - Law: Contract(s) | |||||||
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|  Selected response from: Adrian MM. (X) Local time: 21:28 | ||||||
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| 4 | agreed penalty |
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| 4 | liquidated damages (enforceable); a contract penalty (unenforceable) |
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| 4 | penalty |
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| Discussion entries: 1 | |
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Answers
12 mins confidence: 
agreed penalty Explanation: This is the translation given in Helle Pals Frandsen's "Juridisk Ordbog". |
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5 hrs confidence:
| {en} konventionalbod liquidated damages (enforceable); a contract penalty (unenforceable) Explanation: Eurodicautom also features a penalty clause and - foolishly - 'liquitated' damages. NB. In Brit./ US? Common Law, a contract penalty is strictly unenforceable and will NOT be upheld by the UK courts. Liquidated damages, if a genuine pre-estimate of loss, will be. That is why a lot of legally qualified translators will not, on principle, use penalty as this may make the clause a dodgy strategy. But I am sure you already know this as first-year contract law undergraduate stuff! Subject Public Administration - Private Administration - Offices (AD) Law - Legislation - Jurisprudence (JU) (1) TERM konventionalbod Reference HHK Definition a fixed sum agreed upon at the outset of a contractual arrangement,as the proper compensation to be paid to the injured party in the event of breach Reference ICID (1) TERM liquitated damages Reference ICID Example sentence(s):
Reference: http://www.lectlaw.com/def/l045.htm |
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71 days confidence:
penalty Explanation: My suggestion |
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