https://www.topgradeaccountants.com/wp-content/uploads/2020/07/LOGO-TG1.png 0 0 milton https://www.topgradeaccountants.com/wp-content/uploads/2020/07/LOGO-TG1.png milton2020-08-16 14:13:122020-08-16 14:13:12Light contracted to build a house for the Mullers. After the job was completed, the Mullers... 1 answer below »
Light contracted to build a house for the Mullers. After the job was completed, the Mullers refused to pay Light the balance they owed him under thecontract, claiming that he had done some of the work in an unworkmanlike manner. When Light sued for the money, the Mullers counterclaimed for $5,700 damages for delay under a liquidated damages clause in the contract. The clause provided that Light must pay $100 per day for every day of delay in completion of the construction. The evidence indicated that the rental value of the home was between $400 and $415 per month. Should the liquidated damages provision be enforced?