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· 1/11/1985

Larson-Hegstrom & Associates, Inc. v. Jeffries

Citations

  • 701 P.2d 587
  • 145 Ariz. 329
  • 1985 Ariz. App. LEXIS 525

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

  • finding enforceable a clause that provided the broker its 6% commission if the seller terminated the exclusive listing agreement before the end of the listing period
  • applying the Restatement (Second) of Contracts § 356 (1979), and finding enforceable a clause that provided the broker its 6% commission if the seller terminated the exclusive listing agreement before the end of the listing period
  • an agreement made in advance of a breach is a penalty unless the amount fixed in the contract is a reasonable forecast of just compensation for the harm caused by the breach and the harm caused by the breach is incapable or very difficult of accurate estimation

Source: CourtListener parenthetical corpus (CC0).

Judges: Hathaway, Birdsall, Howard

Read full opinion on CourtListener

Sourced from CourtListener / Free Law Project (CC0).

This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.