subject
Business, 25.06.2020 05:01 lostcharmedone01

Big Bad Wolf Masonry Co. agreed to build a brick home for Johnny Little Pig, the Third by November 1. Big Bad Wolf and Johnny Pig could not predict Pig's losses of Big Bad Wolf failed to complete the house on time. They estimated that Johnny Pig would lose $150 in storage and rental fees per day if the building was not completed on time. The contract contained a liquidated damage clause. The clause required Big Bad Wolf to pay liquidated damages of $150 per day if the work was completed late. Big Bad Wolf finished the home twelve days late. Johnny Pig actually lost $1,000 because of the breach. Is the liquidated damage amount stated in the contract between Big Bad Wolf Masonry and Johnny Pig a valid or invalid liquidated damage clause and why

ansver
Answers: 2

Another question on Business

question
Business, 22.06.2019 00:50
Cool beans is a locally owned coffee shop that competes with two large coffee chains, planeteuro and frothies. alicia, the owner, hired two students to count the number of customers that entered each of the coffee shops to estimate what percent of people who are interested in coffee are visiting each shop. after a week, the students found the following results: 589 visited cool beans, 839 visited planeteuro, and 1,290 visited frothies. the students were surprised that cool beans had 139 visits on monday which represented 59% of all people who visited one of the three coffee shops on mondays. how many people visited one of the three coffee shops during the week?
Answers: 2
question
Business, 22.06.2019 05:30
Financial information that is capable of making a difference in a decision is
Answers: 3
question
Business, 22.06.2019 13:40
Computing equivalent units is especially important for: (a) goods that take a relatively short time to produce, such as plastic bottles. (b) goods with sustainability implications in their production processes. (c) goods that are started and completed during the same period. (d) goods that take a long time to produce, such as airplanes.
Answers: 2
question
Business, 22.06.2019 20:00
With the slowdown of business, how can starbucks ensure that the importance of leadership development does not get overlooked?
Answers: 3
You know the right answer?
Big Bad Wolf Masonry Co. agreed to build a brick home for Johnny Little Pig, the Third by November 1...
Questions
question
History, 21.04.2020 10:17
question
Mathematics, 21.04.2020 10:17