· 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 CourtListenerSourced from CourtListener / Free Law Project (CC0).
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