Questions on liquidated damages clause

Discipline: Management

Type of Paper: Creative writing

Academic Level: Undergrad. (yrs 3-4)

Paper Format: APA

Pages: 2 Words: 590

Question

QUESTION

Based on this fact pattern and the information presented in this unit, answer the following questions in a minimum of 250 words each.

1.    One day, Gump gets into an argument with the developer. Gump refuses to perform any work until the problem is solved. In this situation, can Alabama Sports Marketing seek specific performance of the contract? If yes, why? If no, why not?

2.    How would the court determine whether the liquidated damages clause is valid? Is this clause valid? Explain your answers.

Cite any direct quotes or paraphrased material from outside sources. Use APA format.

              Please review Reality of Assent Definition and Contract Discharge and Remedies per any articles on the Internet.