Examlex
Toys and materials in the classroom should be:
Liquidated Damages
An amount, stipulated in the contract, that the parties to a contract believe to be a reasonable estimation of the damages that will occur in the event of a breach.
Remedy
The means by which the enforcement of a right or the redress of a wrong is obtained.
Breach Of Contract
Occurs when one party fails to fulfill their obligations under a contract, leading to legal consequences for the defaulting party.
Contract Price
The total financial compensation agreed upon by all parties involved in a contract for the sale, purchase, or delivery of goods or services.
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