Order ID:89JHGSJE83839 | Style:APA/MLA/Harvard/Chicago | Pages:5-10 |
Instructions:
Liquidated Damages Clause in a Contract
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
RUBRIC |
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Excellent Quality 95-100%
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Introduction
45-41 points The background and significance of the problem and a clear statement of the research purpose is provided. The search history is mentioned. |
Literature Support 91-84 points The background and significance of the problem and a clear statement of the research purpose is provided. The search history is mentioned. |
Methodology 58-53 points Content is well-organized with headings for each slide and bulleted lists to group related material as needed. Use of font, color, graphics, effects, etc. to enhance readability and presentation content is excellent. Length requirements of 10 slides/pages or less is met. |
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Average Score 50-85% |
40-38 points More depth/detail for the background and significance is needed, or the research detail is not clear. No search history information is provided. |
83-76 points Review of relevant theoretical literature is evident, but there is little integration of studies into concepts related to problem. Review is partially focused and organized. Supporting and opposing research are included. Summary of information presented is included. Conclusion may not contain a biblical integration. |
52-49 points Content is somewhat organized, but no structure is apparent. The use of font, color, graphics, effects, etc. is occasionally detracting to the presentation content. Length requirements may not be met. |
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Poor Quality 0-45% |
37-1 points The background and/or significance are missing. No search history information is provided. |
75-1 points Review of relevant theoretical literature is evident, but there is no integration of studies into concepts related to problem. Review is partially focused and organized. Supporting and opposing research are not included in the summary of information presented. Conclusion does not contain a biblical integration. |
48-1 points There is no clear or logical organizational structure. No logical sequence is apparent. The use of font, color, graphics, effects etc. is often detracting to the presentation content. Length requirements may not be met |
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Liquidated Damages Clause in a Contract |
Liquidated Damages Clause in a Contract