Legal framework under different laws https://www.stalawfirm.com/…/different-strokes-for-differen… What is liquidated damages you ask? How to determine the amount of liquidated damages in a contract? Moreover, how to determineliquidated damages in different legal frameworks. Would it be different under the UAE law from English law? And what about theapplicability of liquidated damages under Indian law?
Liquidated damage is one of the consequences of breaching an enforceable contract. When a contract is breached, the liquidated damages should be imposed. Damage is means losses or costs that caused by others’ false act.