Examlex
Error can be reduced:
Flexible Statute
A law designed to be adaptable and able to accommodate various situations as they arise.
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.
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