Would you describe liquidated damages clauses an incentive, Ask an Expert

Management Studies

Would you describe liquidated damages clauses an incentive or a punishment? For example, are these clauses intended to serve as an incentive to one of the parties to either continue with or refrain from doing something (like continuing with a company for at least two years so the company can benefit from the education tuition they paid for)?

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Operation Management, Management Studies

Category:- Operation Management
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