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How to Save Lease Contract in JPG

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41 votes

Remedies for breaches of sales or lease agreements or contracts for the sale of goods involve recognizing that such contracts obligate both parties to exchange goods for money. In sales, goods are provided at a specific time, while leases involve provision over an extended period with ongoing payments. Contracts can include various provisions as long as they comply with legal requirements and are not unconscionable or impractical. If one party fails to fulfill their obligations, a common remedy is the inclusion of a liquidated damages clause, which specifies predetermined damages in case of breach.

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