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Business, 11.10.2019 00:20 piper64bsj

Knight signed a lease specifying that, if the $400-per-month rent was not received by the fifth of each month, knight would owe the landlord $25 as liquidated damages, for every day that the rent was late. in january, knight failed to pay the rent until the 21st of the month. the landlord insisted that knight pay $800 because knight owed $400 for the rent and $400 in late charges. what is most likely to be a court’s ruling?

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Knight signed a lease specifying that, if the $400-per-month rent was not received by the fifth of e...
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