Examlex
How can CAD software help improve the efficiency and effectiveness of the product design process?
Contractual Provision
A specific clause or term within a contract that outlines duties, rights, or obligations of the parties involved.
Liquidated Damages
A pre-determined amount of money agreed upon in a contract that is payable as damages for breach of contract.
Reasonable
Pertains to actions or decisions that are sensible, fair, and logical based on the circumstances presented.
Punitive
Relating to or aimed at punishment, especially within the context of punitive damages in legal judgments, intended to punish wrongful conduct and deter similar actions in the future.
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