In a Construction Contract,there Is a $1,000 Per Day Estimate

question 35

Essay

In a construction contract,there is a $1,000 per day estimate of damages for each day that the contract runs over the completion date.The contractor is 30 days late when the job is completed,resulting in a prospective damage award of $30,000.What is this type of clause,and when will it be enforced?

Understand the principle of utility and its association with the Greatest Happiness Principle as articulated by Mill.

Recognize the challenges and objections to act consequentialism, including the practical difficulty of calculating consequences for every action.

Identify key classical utilitarian theorists and their contributions to ethical philosophy.

Comprehend the decision-making process according to Act Consequentialists and the basis on which decisions are made.

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Definitions:

Inheritable

Refers to traits or characteristics that can be passed down from one generation to the next through genes.

Acquired Mutations

Genetic alterations that occur in an organism's lifetime rather than being inherited, often resulting from environmental factors or errors in DNA replication.

Tay-Sachs Disease

A genetic disorder caused by a deficiency of a specific enzyme, leading to the accumulation of fats in nerve cells, resulting in progressive neurodegeneration.

Recessive Allele

A variant of a gene that must be inherited from both parents to be expressed in the offspring's phenotype.