Question

Doug Weston had a six-month apartment lease. The lease provided that if Doug ended the lease early, he would be required to forfeit his security deposit and his last month’s rent. This provision in the lease agreement:​ a. ​is an assignment of benefits. b. ​is void as against public policy. c. ​is a liquidated damages clause. d. ​is substantial performance.

Answer 1

Answer:

Option C

Explanation:

The agreement seems like something has gone wrong during the lease agreement , as these clause only favours one party, according to the normal standard of lease agreement , it is meant to favour both parties. This additional clause is a liquidated damage clause as it will be as a result of Doug commuting a damaged that might be costly to the property he leased.