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what are remedies for bdocHubes of sales or lease agreements or contracts for the sale of goods well to start with the contract for the sale or lease of goods is a contract like any other the obligations of both parties are present but the exchange of value is the goods in exchange for money in one scenario theres providing the goods at one finite time to be purchased at that same time or in the lease scenario theres the providing of those goods over an extended period of time with the obligation of payment also taking place over an extended period of time now the parties can put any other Provisions they wish into the agreement as long as they meet the requirements of law to be enforceable and are not in some way unconscionable or impractical now with that being said what happens if either party does not live up to their obligations under the agreement well it is very common to put a liquidated damages Clause within a contract and if you have this type of clause it simply states that