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by TangoTrotFox
2805 days ago
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No. Contracts typically do not have penalties. Civil cases are about lost value. The typical example is we agree for me to install copper piping in your house. Instead I install lead piping. Lead pipes cost $40, while copper pipes cost $60. I'd be liable for the $20 of lost value. Interestingly enough you generally could not even recoup the cost to remove and reinstall new piping. It's precisely about provable and direct lost value. |
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