Examlex
Choose the organization listed below that takes a proactive role in developing recommendations and prototype technologies related to the Web.
Liquidated Damages
A predetermined amount of money that must be paid as damages for failure to perform under a contract, agreed upon when the contract is formed.
Special Damages
Compensation awarded for specific, quantifiable financial losses incurred due to an injury or breach of contract.
Remedy Limitation
A legal principle specifying the conditions or time frames within which a remedy, such as filing a lawsuit or making a claim, must be initiated.
Prima Facie Unconscionable
A legal term indicating that an agreement or term appears, at first sight, to be excessively unfair or unjust.
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