Construction entered into contract to build family addition

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Q. A construction entered into a contract to build a family addition onto Harry's home for $25,000. The agreement provided which the contractor would be penalized $2,000 as liquidated damages for each day which the project was late in getting finished. The contractor was 30 days late in finishing the project, but otherwise met the terms of the agreement. In this situation, most likely

Reference no: EM1395564

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