Explain how liquidated damages work
What will be an ideal response?
If a contract contains a liquidated damages clause because the eventual injury is too difficult
to ascertain, in case of breach, the injured party will receive the amount of these specified
damages.
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Please read Case 2 at the end of Chapter 1 and answer question 2.
What will be an ideal response?
Whois someone who isequipped with knowledge of the law and capable of performing most functions traditionally performed onlyby attorneys?
A. Lawclerk B. Paralegal C. Legal secretary D. Law officeadministrator
One of the requirements of a valid contract is consideration. In a prenuptial agreement the consideration is:
a. The marriage. b. Money. c. A promise to marry. d. Love.
The admissibility of evidence in federal courts is governed by:
a. The Federal Rules of Evidence b. The Federal Court Rules c. The USA Patriot Act d. The Freedom of Disclosure Act