A Clause in a Contract That Specifies the Amount of Damages

question 61

True/False

A clause in a contract that specifies the amount of damages due from a breach is a liquidated damages clause.

---

Definitions:

Vicarious Liability

Liability of an employer for injuries caused by employees while carrying out their employment duties.

"On a Frolic of His Own"

This phrase describes a situation where an employee undertakes actions that are substantially different from their employment duties, thus removing employer liability for those actions.

Mediation

A discussion between the parties to a dispute that is facilitated by a mediator in an effort to encourage and assist them in coming to an agreement.

Employment Standards Act

Legislation that outlines the minimum standards employers must meet in terms of wages, working hours, leaves, and other employment conditions.