Madler v. Silverstone

Citations

• 55 Wash. 159
• 104 P. 165
• 1909 Wash. LEXIS 727

Syllabus

<p>Damages — Contract—Breach—“Liquidated Damages.” A stipulation in a contract for tbe exchange of real estate to pay and forfeit the sum of $500 as liquidated and agreed damages for nonperformance of the contract hy either party, is to be construed as liquidated damages and not as a penalty, since the damages suffered by a breach are uncertain, and the sum stipulated is not disproportionate to the probable damages, or unconscionable.</p>