Business
Business, 15.11.2019 05:31, shelley3135

Metro holdings inc. contracts to sell a commercial parking garage to new property llc. the contract provides that if metro does not close the deal by a certain date, it must pay the buyer one-half of the value of the property. this provision is not enforceable if it is
a. meant to pay for additional work in the event of damage.
b. a reasonable estimate of the loss on the breach.
c. designed to penalize metro.
d. intended to quickly provide cash to new property.

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Answers: 3

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Metro holdings inc. contracts to sell a commercial parking garage to new property llc. the contract...

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