Under the civil law, courts will recognize liquidated damage clauses that serve as a means of just compensation as well as a penalty to induce performance.
Correct Answer:
Verified
Q20: A party to arbitration may appeal the
Q21: U.S. courts will generally void forum selection
Q22: A contractual clause that allows a party
Q23: A government approval clause requires that a
Q24: Liquidated damages clauses are pre-agreed damages that
Q26: Litigation is the preferred method of dispute
Q27: The disadvantages of arbitration include limited pre-trial
Q28: Foreign arbitration decisions need the cooperation of
Q29: A Med-Arb clause in a contract requires
Q30: Under the Convention for the International Sale
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents