Liquidated damages means an amount of the _________ that may result from the breach of contract

Related MCQs

• If a contract provides for the payment of a certain amount on breach of a contract, such payment is termed as:
• Any person who, without the permission of the owner, damages any computer, computer system or computer network shall be liable to pay damages by way of compensation under the IT Act, 2000 upto:
• A contract is discharged by the breach when a party to a contract
• A minor’s guardian is not liable to the creditor for breach of contract by the minor, if the contract is for __________
• X contract to deliver 1000 bags of wheat at Rs. 100 per bag on a future date. On the due date, he refuses to deliver. The market price on that day is Rs. 120 per bag. Which damages can be granted by the court
• The remedies available to a person, suffering from the breach of contract are
• Vindictive damages have been awarded
• Under the Contract Act, 1872 a person is said to be of sound mind for the purpose of making a contract if:
• Where a party to contract transfers his rights under the contract to another person, it is legally known as
• Contract is defined as an agreement enforceable by law, vide section . . . . . of the Indian Contract Act