In Construction Contracts, Penalty Clauses Are Technically Called "Liquidated Damages

question 103

True/False

In construction contracts, penalty clauses are technically called "liquidated damages clauses;" if they are labeled "penalty" clauses, there is a long line of cases that say they are not enforceable.

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Definitions:

Enduring Vulnerabilities

Persistent or lasting weaknesses or susceptibilities that can affect an individual's coping mechanisms or psychological resilience.

Toddler

A young child, typically aged between 1 to 3 years old, who is in the early stages of walking and developing cognitive abilities.

Attachment Style

Patterns of expectations, needs, and emotions one has in interpersonal relationships, developed from early interactions with caregivers.

Mutuality

The quality or condition of mutual dependence, support, or sharing in a relationship or engagement.