Solved

Which of the Below Is a Clause Triggered by Breach

Question 2

Multiple Choice

Which of the below is a clause triggered by breach (e.g. concerns a secondary obligation) and thus gives rise to the question of whether it was a penalty or liquidated clause?


A) B can park at a car park for 2 hours for free; however, if he stays for longer than two hours, he must pay a parking charge of £85.
B) B promises that if he resumes his career as professional footballer, he will pay £500 to his insurers.
C) B promises, that if C catches the flu after using his product, he will pay her £100.
D) B promises that the price of the contract will be adjusted in the event of his becoming a defaulting shareholder.

Correct Answer:

verifed

Verified

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents