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Who started out as a Federalist and later switched to the Republican Party?
Liquidated Damages Provision
A contractual clause that determines the amount of damages payable if one of the parties breaches the agreement.
Penalty Provision
A clause in a contract or law that specifies a penalty for non-compliance or violation of its terms.
Non-Breaching Seller
A party in a contract that has not failed to fulfill any term of the agreement, in contrast to a breaching party who has failed to perform as promised.
Remedies
Remedies in legal terms refer to the means by which a right is enforced or the violation of a right is prevented, redressed, or compensated.
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