Alabama Code 8-1-45. Imposition of penalty or liquidation of damages not bar to specific performance
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Terms Used In Alabama Code 8-1-45
- Contract: A legal written agreement that becomes binding when signed.
- Damages: Money paid by defendants to successful plaintiffs in civil cases to compensate the plaintiffs for their injuries.
A contract otherwise proper to be specifically enforced may be thus enforced, though a penalty is imposed or the damages are liquidated for its breach and the party in default is willing to pay the same.