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Upside Software Development Ltd

question 23

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Upside Software Development Ltd.has agreed in its contract to pay damages of $500 per day for each day that it is late in delivering the agreed upon software program to its client.What is this type of contract clause?


Definitions:

Perilymph

A fluid located in the inner ear, found within the scala tympani and scala vestibuli of the cochlea.

Cerumen

Another term for earwax, a substance secreted in the ear canal that protects and cleans the ears.

Tinnitus

A condition characterized by hearing noises (such as ringing, buzzing, or humming) in the ears when no external sound is present.

Vertigo

A sensation of spinning or having one's surroundings spin around them, which is often caused by problems with the inner ear or brain.

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