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The asker opted for community grading. The question was closed on 2009-11-29 12:54:09 based on peer agreement (or, if there were too few peer comments, asker preference.)
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English to Indonesian translations [PRO]
Law/Patents - Law: Contract(s) | | English term or phrase: liquidated damages | Definition from BusinessDictionary.com:
Sum of money (agreed-to and written into a contract) specified as the total amount of compensation an aggrieved party should get, if the other party breaches certain part(s) of the contract. The contract also establishes what actions or failures to act constitute a breach. For the agreement to be legally enforceable, the nature of the contract should be such that it is difficult to determine actual damages, and the amount of damages should be reasonable under the circumstances. Otherwise law may regard the specified amount as a fine (included in the contract primarily to force its proper performance) and not a compensation for injury. In such cases, the damages are deemed 'unliquidated damages' and are assessed by a court according to the merits of the case. |
| Adrian PrasetyaKudoZ activityQuestions: 6 (none open) Answers: 9
Indonesia
| | Local time: 01:17
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| | ganti rugi yang nilainya sudah ditetapkan | Explanation:
Ganti rugi biasanya juga sudah ditetapkan nilainya (liquidated damage). Contoh sederhana dari “breach of contract” adalah seperti ilustrasi sederhana ...
pojokasuransi.com/content/view/145/45/ - Tembolok |
| Selected response from:
  Ikram Mahyuddin
Indonesia
Local time: 01:17
| Grading comment Selected automatically based on peer agreement.
4 KudoZ points were awarded for this answer |
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