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08:07 Feb 19, 2010 |
Danish to English translations [PRO] Bus/Financial - Law: Contract(s) / Internet contract | |||||||
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| Selected response from: Christina Kjaergaard Denmark Local time: 05:36 | ||||||
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Summary of answers provided | ||||
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4 +1 | calculation of penalty |
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3 | quantification of liquidated damages |
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calculation of penalty Explanation: - Reference: http://apps.leg.wa.gov/wac/default.aspx?cite=332-18-05005 |
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quantification of liquidated damages Explanation: Depends what the bod is about. In the UK, a contract penalty is usually unenforceable whereas liquidated damages, as a genuine pre-estimate of loss, are valid and enforceable. Reference: http://www.kemplittle.com/PDFs/Article_CCF_DamagesNote_Mar08... |
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