scholar arguing for greater enforcement of penalty clauses
, see Swan,
are often inserted into contracts so that the contractor has a strong incentive to finish on time and within budget.
Also, since the end of the season he said he has been speaking to Northridge officials about renegotiating his contract that has two years remaining and no penalty clauses
if he departed.
discrete transactions, different contexts of contracts, the norms of contracts, the practical use of relational theory, the economic functions of contract and contract law, the design of default rules, regulation, standard form contracts, contract interpretation, economic theories of legal remedies, debates on efficient breach, liquidated damages and penalty clauses
, impossibility and impracticability, and the behavioral approach to contract law.
This places the project team under enormous pressure to deliver work that is coordinated and meets contract obligations to avoid high penalty clauses
Work has already started on one, with penalty clauses
in the contracts if they are cancelled.
But economic minister Andrew Davies said cancelling the lease would cost as much in penalty clauses
as keeping the boxes.
But penalty clauses
for late delivery can be disastrous to a manufacturing or building company.
But the council's Lib-Dem and Labour groups are arguing over who agreed penalty clauses
in the contract.
A view is taken about service provision, leasing fees are agreed, penalty clauses
inserted and contracts are signed.
The CSUN alumnus has two years left on a three-year contract that includes no penalty clauses
if he departs.