A reasonable estimation of the damages owed in the event of a breach may be stipulated by the parties to a contract as liquidated damages. This amount should OA. Maintain legal equality between the parties. B. Be intended as a penalty imposed on the breaching party. C. Result from a good faith effort to estimate probable damages. D. Provide restitution to the nonbreaching party.
Q: Explain the concept of fraudulent misrepresentation in business torts.
A: Business torts refer to wrongful acts committed by individuals or entities in the context of…
Q: Collaboration with Law Enforcement: Banks should have established protocols to collaborate with law…
A: Collaboration with law enforcement is an essential aspect of a bank's responsibility to address…
Q: What area of human resource management is most affected by equal employment opportunity legislation?…
A: The practice of HRM involves strategically managing the workforce of an organization to achieve its…
Q: In terms of employment law, discuss the following: a) How a contract of employment can be…
A: In the realm of employment law, there are various aspects to consider when it comes to the…
Q: 19 If the offeror dies, the offer immediately terminates. True or False True False
A: Since you have posted multiple questions, we will provide the solution only to the first question as…
Q: True or False. If a school uses a copyrighted play for educational purposes, then charges admission…
A: Copyright law is a legal framework that grants creators and authors exclusive rights to their…
Q: Show how someone's trademark may make it harder for them to exercise their constitutionally granted…
A: In the intersection of intellectual property rights and freedom of speech, a complex dynamic emerges…
Q: Explain the concept of groupthink. Can you share any examples of groupthink you have encountered in…
A: The concept of groupthink is important in understanding decision-making processes within a cohesive…
Q: As a good researcher, what is the difference between correlation and causation? Provide some…
A: As a good researcher, it is important to understand the distinction between correlation and…
Q: Rachel has established a company which both her husband and herself are the members of the company.…
A: Investing in a company requires careful consideration of various factors, including the company's…
Q: (1) The application of the general anti-avoidance provisions in Part IVA to the investment in the…
A: Marie is considering investing in a cattle breeding program that promises significant tax…
Q: How does property law handle disputes over adverse possession claims?
A: Property law generally handles disputes over adverse possession claims through a set of legal…
Q: Discuss the legal remedies available to principals and agents in the event of a breach of the agency…
A: An agency agreement is a legal contract between two parties known as the principal and the agent,…
Q: Role of Central Banks and Moral Hazards Central banks have injected moral hazard into global…
A: The role of central banks and the presence of moral hazards in global markets have been topics of…
Q: iscuss the potential antitrust implications of vertical integration.
A: Vertical integration refers to the combination of two or more stages of production or distribution…
Q: what is the misappropriation theory and how does it apply to the salmon v United States case of…
A: In the realm of legal and financial matters, insider trading is a topic of great significance. It…
Q: eBay is the largest online auction site. Sellers pay a small fee to list their items, which can be…
A: Business fraud refers to the act or intent of misrepresentation by employees or staff of the…
Q: b) What is Frustration in law? Critically discuss. You are required to research relevant case laws…
A: A theory known as frustration in law deals with circumstances when an unanticipated occurrence…
Q: P-l-e-a-s-e- -a-n-s-w-e-r- -t-h-e- -f-o-l-l-o-w-i-n-g- -b-a-s-e- -i-n- -P-h-i-l-i-p-p-i-n-e-…
A: Barangay Micro Business Enterprise(BMBE): A type of business entity in the Philippines that…
Q: P-l-e-a-s-e- -a-n-s-w-e-r- -t-h-e- -f-o-l-l-o-w-i-n-g- -b-a-s-e- -i-n- -P-h-i-l-i-p-p-i-n-e-…
A: Since you have posted a question with multiple sub parts, we will solve the first 3 sub parts for…
Q: 18) The aggrieved party can claim only the damages in case of breach of warranty. a) True b) False…
A: Hire purchase agreements play a significant role in facilitating installment-based purchases,…
Q: What is the difference between specific intent and general intent in criminal law?
A: The increasing trend of businesses asking customers to donate to charities during their purchases…
Q: An offer can be defined as an intimation of words and conduct, with a desire to enter into a binding…
A: Carlill v Carbolic Smoke Ball Company is a seminal decision in contract law concerning the…
Q: Business Law Discuss what is intoxication in law ? How can an person avoid a contract entered…
A: IntroductionIntoxication is a state of diminished mental capacity caused by the consumption of…
Q: Please read and understand the four section provided below and make a simple explanation and give…
A: The Philippines' central bank is known as the Bangko Sentral ng Pilipinas (BSP). It is responsible…
Q: How does partnership law address the issue of partner disability or incapacity to carry out…
A: Partnership law typically addresses the issue of partner disability or incapacity through various…
Q: Large cash transactions should be referred to supervisors for authorization of payments before…
A: The acronym KYC stands for "Know Your Customer." Businesses and financial organizations utilize it…
Q: Sam's (single taxpayer) Year 2 taxable income was $175,000 with a corresponding tax liability of…
A: Please find the answer below.ESTIMATED TAX PAYMENT :- Estimated tax payments refer to the periodic…
Q: Discuss what is intoxication in law and how a person can avoid a contract entered into under…
A: In law, intoxication refers to a state in which a person's mental or physical faculties are impaired…
Q: What moral issues does the Pinto case raise? Suppose Ford officials were asked to justify their…
A: The Pinto case refers to a controversial situation involving the Ford Pinto, a compact car produced…
Q: Executive Clothing Retailers Limited manufactures and sells work wear for career women. During the…
A: Note: In part 3 the name given in the question is Susan. However, there is no mention of Susan in…
Q: Give a real life example of how obligations, ideals, and effects can be in conflict. Explain how to…
A: In various aspects of life, the concepts of obligations, ideals, and effects assume significant…
Q: What is the purpose of the Institutional Review Board or (IRB)
A: The purpose of the Institutional Review Board (IRB) is to protect the rights and welfare of human…
Q: Ginny DeWitt borrowed $30,000 from SunTrust Bank to pay for her first year of college and signed a…
A: The following scenario involves a debt dispute between Ginny DeWitt, SunTrust Bank, and First Bank…
Q: Please do not give solution in image format thanku Question 2: a) In which of the following staves…
A: In today's globalized business environment, companies operate in diverse cultural contexts and…
Q: Enron Scandal and the neglect of management and integrity - Write an executive summary…
A: Enron Corp. was an Energy, Services, and Commodity Company located in Texas, America. It had nearly…
Q: Discuss what is intoxication in law ? How can an person avoid a contract entered into under…
A: The body of regulations governing agreements between individuals or corporations is known as…
Q: A.d.d. .m.o.r.e. .i.n.f.o.r.m.a.t.i.o.n. .a.b.o.u.t. .t.h.e. .p.a.r.t.n.e.r.s.h.i.p. .i.n.…
A: This review gives an in-depth overview of the Philippines' modified or revised partnership taxes…
Q: Describe and critically discuss what is frustration in law using the case Taylor v Caldwell…
A: Frustration is a legal doctrine that may be invoked when unforeseen circumstances arise, rendering…
Q: Ford, Harvey, and Suzuki are the directors of Bishop Pty Ltd, a company that imports bicycles from…
A: In the given scenario, Bishop Pty Ltd is facing a situation where the European bicycle supplier, Zoe…
Q: I need five case sof intoxication in contract law under the UK sysrtem. Contracts that were…
A: Arrangements between individuals or organizations are governed by a system of laws called contract…
Q: R-e-a-d- -t-h-e- -s-c-e-n-a-r-i-o- -a-n-d- -a-n-s-w-e-r- -t-h-e- -f-o-l-l-o-w-i-n-g-…
A: The increasing trend of businesses asking customers to donate to charities during their purchases…
Q: In the most recent term which is the most important united states supreme court through (22 term…
A: The United States Supreme Court is the highest judicial body in the federal court system of the…
Q: Please do not give solution in image formate thanku what international health law/acts/concepts…
A: International health law, acts, and concepts play a crucial role in establishing control mechanisms…
Q: DQ2: Chapters 5 and 11: Unfortunately, you and Max make better friends than business partners. While…
A: In this answer, we have explored various legal scenarios and questions related to business…
Q: could you make another case study like this that was very good case study and please provide…
A: Note: The case study is purely hypothetical and the incident mentioned is just to explain the…
Q: Explain, How does property law handle disputes over adverse possession claims?
A: Property law is a branch of law that deals with the legal rights, interests, and obligations…
Q: Terms such as “humanization” and “normalization” are increasingly being used in reference to…
A: Note: As per bartleby guidelines in case multiple sub-parts are asked by the students then the…
Q: Nigeria, an African nation, while in the midst of a boom period due to oil exports, entered into $1…
A: Nigeria, an African country, signed necessary contracts to buy considerable amounts of Portland…
Q: Discuss the legal framework and challenges associated with corporate dispute resolution through…
A: The business environment would include different firms that perform business. The possibility of…
Owe
![A reasonable estimation of the damages owed in the event of a breach may be stipulated by the parties to a
contract as liquidated damages. This amount should
A. Maintain legal equality between the parties.
B.
Be intended as a penalty imposed on the breaching party.
C. Result from a good faith effort to estimate probable damages.
OD. Provide restitution to the nonbreaching party.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fc4afc761-7528-48e5-b8e4-d92b612a2273%2Fa7482565-5a5a-4071-9935-cb3fc19e5926%2Fyszk6yl_processed.jpeg&w=3840&q=75)
![](/static/compass_v2/shared-icons/check-mark.png)
Step by step
Solved in 4 steps
![Blurred answer](/static/compass_v2/solution-images/blurred-answer.jpg)