The historical origins of the 'penalty' rule -- The modern 'penalty' rule -- The legal effect of classification as a 'penalty' or a valid liquidated damages claus -- The rationale for the 'penalty' jurisdiction -- Analogous provisions and avoidance techniques -- Specific contracts and contractual provisions.
This resource is supported by the Institute of Museum and Library Services under the provisions of the Library Services and Technology Act as administered by State Library of Iowa.