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Larry studies diligently because he is haunted by an image of himself being unable to get a job after graduation.Larry's diligence best illustrates the motivational impact of
Liquidated Damages
Damages specified as a term of the contract, before a breach of contract occurs.
Breach of Contract
A violation of any of the agreed-upon terms and conditions of a binding contract.
Specific Performance
A legal remedy requiring a party to perform their part of the contract rather than provide monetary compensation for failing to meet their obligations.
Resell
The act of selling something that one has previously purchased, either as a business practice or to transfer ownership.
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