Examlex
describe each sequence recursively. Include initial conditions and assume that the
sequences begin with a1.
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Liquidated Damages
A predetermined amount of money that must be paid as compensation for failure to perform certain obligations of a contract.
Damages Determination
The process by which courts calculate the amount of money to be awarded to a party in a lawsuit for losses or injuries suffered.
Special Use Loss
A financial loss incurred due to the specialized nature of property or equipment that limits its use or marketability.
Fundamental Breach
A severe violation of a contract that permits the aggrieved party to terminate the agreement and potentially seek damages.
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