Từ vựng:

penal clause

Giải nghĩa:

/ˈpiːnəl klɔːz/ – Phrase


Definition: 1. Điều khoản phạt bội ước;
2. Điều khoản của luật quy định về chế tài.

A more throughout explanation: A penal clause is a provision in a contract that specifies a penalty or punishment for a party’s failure to fulfill their obligations under the contract. This penalty is intended to serve as a deterrent and to compensate the other party for any harm or loss resulting from the breach of contract.

Example: The contract includes a penal clause that specifies the amount of damages to be paid in case of breach of contract.

 

Start typing to see products you are looking for.