Lexicon

Delay damage is damage that a creditor suffers due to a delay in the fulfilment of the agreement. A debtor is only obliged to compensate […]

If a fault in the fulfilment of an obligation cannot be attributed to the debtor, this is a case of force majeure. A fault is […]

If a result does not meet the expectations, there may be so-called non-compliance. This requires that the result, having regard to the nature of it […]

A penalty clause is a provision in which it is stipulated that if a party fails to fulfil its obligations, a penalty is due. Moderation […]