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Lump-sum compensation

Federal Court of Justice Press release --------------------------- No. 77/2010 Effective clause on liquidated damages in a car purchase agreement The Federal Court of Justice (BGH) today declared a contractual clause in a car purchase agreement to be effective, by which the vehicle dealer's claim for damages in the event of non-acceptance of the vehicle is limited to ten per cent of the purchase price, but the buyer is reserved the right to claim a lump sum ...

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