Examlex
The urban system of Canada is best characterized as a
Liquidated Damages
The stipulation by the parties to a contract of the sum of money to be recovered by the aggrieved party in the event of a breach of the contract by the other party.
Consequential Damages
Losses that arise not directly from a breach of contract but as a foreseeable result of the breach, requiring compensation.
Express Condition
A clearly stated and explicit requirement within a contract that must be satisfied for contractual obligations to be fulfilled.
Formal Language
A set of strings constructed using the formal grammar, often used in computer science, mathematics, and linguistics.
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