Your Perfect Assignment is Just a Click Away

We Write Custom Academic Papers

100% Original, Plagiarism Free, Customized to your instructions!


Benefits and Consequences of Having a Liquidated Damages Clause in a Contract Discussion

Benefits and Consequences of Having a Liquidated Damages Clause in a Contract Discussion

Question Description

Associated Objective

  • Describe how liquidated damages clauses affect a contract

Your company sells parts to manufacturing businesses all over the country. It is essentially the only company that provides this part, vital to certain machinery. You attended a trade conference and learned of companies that were sued for loss of profits and other types of damages when they failed to provide or deliver products as promised. You checked and found out that many of your orders are considered urgent and are shipped express for on-time delivery.

You are concerned because your sales contract is very basic and does not have any limitation of damages clauses. You realize your company is open to being sued for a lot of money if you fail to deliver a part as promised.

Prepare an email to your legal department to:

  • Express concern about the lack of protection in your sales contract
  • Recommend one provision/clause to include in your sales contract to help limit your company’s liability for certain damages
  • Explain why you chose that provision and what damages you are trying to reduce exposure to
  • Discuss the ethical implications of your decision to include this provision in the sales contract

Initial post:

  • Initial post must be 300 to 400 words in length or a minimum of about ten (10) sentences
  • Be thoughtful and substantive
  • Respond to discussion prompt and demonstrate higher-order thinking (apply, analyze, synthesize, evaluate, examine, pose, or connect course concepts to business law)
  • Follow APA formatting and documentation guidelines when referring to course readings and other materials
  • Use proper spelling, grammar, and punctuation

Required Text

Cheeseman, H. (2019). Business law. (10th ed.) Upper Saddle River, NJ: Pearson. ISBN: 978-0134728780

Order Solution Now

Our Service Charter

1. Professional & Expert Writers: Course Elite only hires the best. Our writers are specially selected and recruited, after which they undergo further training to perfect their skills for specialization purposes. Moreover, our writers are holders of masters and Ph.D. degrees. They have impressive academic records, besides being native English speakers.

2. Top Quality Papers: Our customers are always guaranteed papers that exceed their expectations. All our writers have +5 years of experience. This implies that all papers are written by individuals who are experts in their fields. In addition, the quality team reviews all the papers before sending them to the customers.

3. Plagiarism-Free Papers: All papers provided by Course Elite are written from scratch. Appropriate referencing and citation of key information are followed. Plagiarism checkers are used by the Quality assurance team and our editors just to double-check that there are no instances of plagiarism.

4. Timely Delivery: Time wasted is equivalent to a failed dedication and commitment. Course Elite is known for timely delivery of any pending customer orders. Customers are well informed of the progress of their papers to ensure they keep track of what the writer is providing before the final draft is sent for grading.

5. Affordable Prices: Our prices are fairly structured to fit all groups. Any customer willing to place their assignments with us can do so at very affordable prices. In addition, our customers enjoy regular discounts and bonuses.

6. 24/7 Customer Support: At Course Elite, we have put in place a team of experts who answer all customer inquiries promptly. The best part is the ever-availability of the team. Customers can make inquiries anytime.