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Describe the Impact of Congestion on the Rail System

question 32

Essay

Describe the impact of congestion on the rail system.


Definitions:

Liquidated Damages

A pre-determined amount of money agreed upon in a contract to be paid as compensation in case of a breach.

Supply Contract

A legal agreement between a supplier and a buyer that outlines the terms and conditions regarding the sale and delivery of goods or services.

Repudiation

The refusal to fulfill or discharge an agreement, obligation, or contract.

Exemption Clause

A contractual term that limits one party's liability in certain situations or for certain types of damages.

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