Zusammenfassung der Ressource
Penalty vs Liquidated damages - 74
- Liq. Damages
- fair, genuine & reasonable
- Proportionate to the loss
- Penalty
- Excessive
- Disprpportionate
- Reasonable interest on breach - liquidated damage
- higher interest from data of entering the contract - penalty
- higher interest from the date of breach - liquidated
- Compound interest at the same rate as simple - liquidated
- Compound interest higher than the simple - penalty