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What key provision in a contract gives the owner the right to collect monetary damages for the unexcused delay of a project?

A. Indemnification
B. Force majeure
C. Immaterial breach
D. Liquidated damages


Sagot :

Final answer:

Liquidated damages allow the owner to collect monetary damages for project delays.


Explanation:

Liquidated damages is the key provision in a contract that gives the owner the right to collect monetary damages for the unexcused delay of a project. This provision sets a predetermined amount of damages that one party will pay the other in the event of a specific breach, such as project delays without valid excuse.


Learn more about Contract Law here:

https://brainly.com/question/39413619


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