Practice question
Does recovery under an applicable valid liquidated-damages clause universally require proof of the exact actual loss?
- No, but the clause's applicability and the breach must still be established
- Yes, the agreed measure never matters
- No, because no contract or breach is necessary
- Yes, unless the creditor asks twice
- Only the defendant's wealth matters
Legal references
- Civil Code Articles 1228–1229, 2216 and 2226–2228: https://lawphil.net/statutes/repacts/ra1949/ra_386_1949.html
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